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RE: Instead of STEEM DOLLARS how about STEEM GOLD?

in #steemsilvergold7 years ago

I don't think that would work. As a decentralised organisation where do you store the gold, and how do you ensure it isn't introducing a new counterparty risk.

STEEM GOLD as I'm suggesting wouldn't be backed by gold. It would be backed by the rewards pool but it's price would track gold.

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