Steem based dollars haven't been on peg for months, and bitUSD is also not very good at that exercise. Are you doing something to make sure Muse Dollars are worth 1 USD and not 2–12?
Steem based dollars haven't been on peg for months, and bitUSD is also not very good at that exercise. Are you doing something to make sure Muse Dollars are worth 1 USD and not 2–12?
They can be worth more than 1 USD, that is no problem at all.
The Muse Dollar, just like the Steem Dollar is a 1$ liability (an IOU for 1$'s worth of Core Asset) from the Blockchain's perspective. If people are willing to give the artist MORE than a Dollar's worth of value.. GREAT.
Same financial liability for Muse with LESS legal liability for the Streaming Platforms and content users. GREAT for all parties.
I see, so more is good but you'll make sure it doesn't move below 1.
It can't really move below 1$ for a long time since the Muse Dollars guarantees you 1$'s worth of MUSE. So if there are 1000 Muse Dollars trading at 90¢, buy them! And redeem them all for 1$'s worth of MUSE (core asset) you would have just made 100 bucks profit off of that trade.
yes @cob.
I've liked muse, and I've commented on the muse.
I'm sure, the muse will fast forward.
do you want me to make a post about muse?
maybe with this muse will more to know.
I hope you reply to my comments
thank you very much @cob