You are viewing a single comment's thread from:

RE: Instead of STEEM DOLLARS how about STEEM GOLD?

in #steemsilvergold • 7 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.

7 years ago in #steemsilvergold by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.16
    TRX 0.17
    JST 0.029
    BTC 69207.97
    ETH 2502.67
    USDT 1.00
    SBD 2.62