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by runeks
4352 days ago
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> The way to combat this issue is to tie the price to some other currency (e.g. X USD or Bitcoin per GB per hour paid in Filecoin), but it would be tough to convince other people to use your currency if you aren't even confident enough in it to price your own products using it. You can't peg a decentralized currency. You need to be able to control supply in order for the peg to work (ie. to sell more into the market to lower the price, if needed), and then it wouldn't be decentralized. |
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