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RE: Boost Steem Value by Backing Steem Dollar

in #steemit8 years ago

That would get too complicated IMO and the learning curve would steepen further. If you can't hold a peg to USD right now, then other assets most likely won't be able to hold a peg either. I would say maybe introduce one, and only one, new asset in parallel: gold. That would ease the inevitable migration from USD to a more dependable asset... and maybe attract some goldbugs to the platform.

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