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Re:Ask HN: Anyone else scratching their heads about coin off... by infiniteparamtr on Saturday August 19, 2017 @11:07AM (#15053789)
It doesn't make sense to me. I thought BTC was supposed to decentralize currency. One currency to rule them all. Having dozens of different ones that fluctuate like this seem counter-intuitive.

Sure, it's still decentralized. But now in order to buy things, we'll have to realize some sort of standardization. Of course, there are things like the Pot Coin, which obviously has only been deployed for a certain purpose.

So maybe everything is relative to BTC anyways, just specialized for different markets.

Apologies for the stream-of-consciousness format.

Re:Ask HN: Anyone else scratching their heads about coin off... by mpolichette on Saturday August 19, 2017 @11:14AM (#15053838)
I think we're just in the early days... things will formalize over time just as they have for current fiat currencies.