Bitcoin Forum

Other => Off-topic => Topic started by: epere on July 09, 2014, 05:05:15 AM



Title: Newly-elected Bitcoin Foundation director Brock Pierce launches new dollar-backe
Post by: epere on July 09, 2014, 05:05:15 AM
http://blogs.wsj.com/moneybeat/2014/07/08/dollar-backed-digital-currency-aims-to-fix-bitcoins-volatility-dilemma/

This probably do not speak for everyone here.


Title: Re: Newly-elected Bitcoin Foundation director Brock Pierce launches new dollar-backe
Post by: TheButterZone on July 09, 2014, 05:17:39 AM
I see you, and raise you 1 satoshi per 1 USD.


Title: Re: Newly-elected Bitcoin Foundation director Brock Pierce launches new dollar-backe
Post by: hilariousandco on July 09, 2014, 05:54:51 AM
And what happens when people start paying two dollars for one coin? I don't see how this will work or if they've thought it through properly, but maybe they don't care and are just creating another typical alt coin that can be pumped and dumped and the devs can run off with all the money.