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RE: The SBD:STEEM debt and payouts

in #steem7 years ago

Not sure but I guess it is about what it can buy. For the average user, what does a tanking US dollar do? Gaddhafi was going to dethrone the US dollar control on oil too by using a gold backed currency, they killed him.

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The future is one where the USD is not the default world currency. So it seems crazy to tether a crypto to a currency that is on a descent. The whole point of crypto was to replace the old system of money, not support it.