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RE: About bitcoin and the market...

in #bitcoin6 years ago

There always has to be a reserve currency. If we start to tie ever altcoin to the USD or some other Fiat, doesn't that defeat the purpose of what blockain was intended to do? I think once there is mainstream adoption and some form of regulation you'll stop seeing these swings across the board. A good stable reserve crypto is what is needed but, I think that is a long ways off.

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Maybe @clshipp91... we'll see!
But still, I think altcoins should not be so dependent on bitcoin. It doesn't make sense anymore...
Cheers!

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