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RE: Beyond SBD: A Stablecoin for the World.

in #bitcoin6 years ago (edited)

Your post will give hope to many. As Bitcoin is still not acceptable to all and it's not stable, so what you are suggesting will be great.
We really need a new monetary system. Sitting here to see how it actually works.

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In a future piece, I intend to discuss the best part of this monetary system.

While fiat currencies are innately deflationary, gold has beaten inflation rates decade after decade. Thus, a monetary system based on gold would not force those who hold cash to be on a sour end for not being financially literate.