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Topic: MAYBE WE DON'T NEED FIAT ANYMORE - page 2. (Read 1554 times)

member
Activity: 84
Merit: 10
July 04, 2014, 02:43:33 PM
#5
Yakamoto thanks for your feedback, actually we are not getting superrich. If you would buy 1 coin for 1 euro, you could sell it for 1 euro. Our you could give back the 1 coin to me and get 1 euro.

Clegg thanks for your feedback, there are NO RULES to how things work, "the 1 coin 1 euro" is a agreement like everything about money. Second your right that you can't stop people from paying what they want for a coin. But it's about having a crypto equivalent of the euro, just so that we don't need to use banks to do business with eachother.

legendary
Activity: 4410
Merit: 4788
July 04, 2014, 02:22:00 PM
#4
if your gonna peg an altcoin to the euro.. call it eurocoin and watch it divebomb when the fiat collapses.

full member
Activity: 176
Merit: 100
July 04, 2014, 02:15:31 PM
#3
Well one that's not how crypto currencies work and two you can't really stop people from paying what they want for a coin. Remember though 1 bitcoin is always worth one bitcoin.
legendary
Activity: 1218
Merit: 1007
July 04, 2014, 02:14:24 PM
#2
Would it help if we had a cryptocurrency that is pegged
to fiat? For instance 1 coin is 1 euro. Obviously the
advantage of this is that merchant don't have to
immediately convert their cryptocurrency to fiat, sucha
coin could also substitute usage of a bank for some people.

We premined a coin, with this goal, but unfortunately
nobody is making use of the coin, because people assume that
if you hold sucha coin and people fall for this idea, your super
rich. You can buy the coin in a webstore on the bases of 1 coin
is 1 euro. This is not the ideal set up, because we hold the coin,
but to really give it the value of the euro, you got to have the
euro's in return for the coin.

What we wanted to accomplish with our coin, was to make it
unnecessary to change to fiat. Please provide feedback







So you want to centralize the crypto system, call it a crypto when it is directly related to a fiat, and is a fiat?

And you're asking people to BUY this?

No. You have probably 80%+ of the coins, and a premine would have to be in the billions for something to even be feasible in that regard. So, yes, people won't touch it because you'll become super rich.

This isn't a crypto; it's a digital fiat.

Good idea, but I have a hard time seeing it become mainstream.
member
Activity: 84
Merit: 10
July 04, 2014, 02:11:02 PM
#1
Would it help if we had a cryptocurrency that is pegged
to fiat? For instance 1 coin is 1 euro. Obviously the
advantage of this is that merchant don't have to
immediately convert their cryptocurrency to fiat, sucha
coin could also substitute usage of a bank for some people.

We premined a coin, with this goal, but unfortunately
nobody is making use of the coin, because people assume that
if you hold sucha coin and people fall for this idea, your super
rich. You can buy the coin in a webstore on the bases of 1 coin
is 1 euro. This is not the ideal set up, because we hold the coin,
but to really give it the value of the euro, you got to have the
euro's in return for the coin.

What we wanted to accomplish with our coin, was to make it
unnecessary to change to fiat. Please provide feedback






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