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by mastermojo 1975 days ago
The idea is very cool. The criticism against existing cryptocurrencies being too volatile is very valid. I can't help but wonder if this just contributes a "15th" stablecoin to the "14" competing stablecoin standards.

https://xkcd.com/927/

My personal expectation is that the existing frontrunners, Bitcoin and Ethereum, will stabilize in price as the percentage of retail speculators decreases and the percentage of institutional investors + users increase.