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RE: LeoThread 2023-06-04 20:23

in LeoFinancelast year

What do you think about crypto having its own unit of account? That is instead of using the dollar as a value determinant, a new unit of account that isn't necessarily a currency could be developed upon some community governed algorithms

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Not going to happen. That is like trying to develop a replacement for the mile or the kilometer.

The USD is a unit of measure more often then a currency.

Sounds like we're stuck with the USD, this means that the only way to attain great detachment from fiat would be to have more businesses and services accept crypto payments.