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RE: Norns - Three-phase oscillating Algorithm Based Assets on the Bitshares platform

in #bitshares β€’ 6 years ago

China's economy is collapsing right now. It is too sophisticated for me to jump around those assets. Even crypto coins <=> BTC <=> USD is a disaster to manage. πŸ˜‚

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Β 6 years agoΒ (edited)Β 

China's economy is collapsing right now.

The global FIAT economy is probably going to collapse to be fair, hence why the norns don't reference any external asset value πŸ‘Œ

Norns right now is just another theory that is not tested in production environment. All previous Bitshares assets were based on other theories that in real world did not work out as good as purposed. Lets see.

Indeed, working on getting the 7 required price feeds then it'll be available to issue by anyone on the Bitshares platform, it's an experiment.