Thanks @exyle for all of your posts on the various "currencies" in our Steem Community. Very much appreciated!

Beyond the specifics of your post, I am still trying to get my mind around why any "crypto" asset anywhere would peg its value to USD. Or any other "fiat" currency for that matter.

In August last year, after a long time of research, I decided to begin investing in this new asset class. One of the attractive features of it was the attempt of very smart people the world over (through open source communities) to attempt to create something outside the reach of the State.

Here, we're talking about deliberate attempts to "pin the value" to currency produced by a State ... 😧

Well, I will keeping researching, reading posts like yours, etc. Perhaps at some point, I'll "get it" ...

Steemin’ along and on the move ... Posted using Partiko Android