I do enjoy the high price. But I also see value in keeping it pegged so people can market their stuff easily using it as currency.
If it's so valuable why not peg it at $2 instead of one?
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I do enjoy the high price. But I also see value in keeping it pegged so people can market their stuff easily using it as currency.
If it's so valuable why not peg it at $2 instead of one?
Why not $3? or $4? Or maybe even $5?
What it is pegged to is arbitrary (in fact Dan once suggested considering changing it to peg to silver). The point is that it doesn't hold well to a peg right now, whatever that peg happens to be.