it is its own currency no? like this Australian dollar? meaning it has its own independent value? separate from other currencies.
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it is its own currency no? like this Australian dollar? meaning it has its own independent value? separate from other currencies.
Surely it's its own currency. But... it's supposed to track the dollar.
it does if you think about it. it tracks within a range of 15%, which means it is in its infancy already a better thing to hold than bitcoin if you are a merchant.
Additionally it earns interest makes it much closer to the price of USD.