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A comment on An $814M Mystery Near the Heart of the Biggest Bitcoin Exchange. Parent comment

Re:An $814M Mystery Near the Heart of the Biggest Bitcoin Ex... by jatsign on Tuesday December 05, 2017 @10:36AM (#15852320)
It is pegged to the USD. A "pegged" currency means it's a fixed exchange rate.

https://www.investopedia.com/terms/c/currency-peg.asp

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Re:An $814M Mystery Near the Heart of the Biggest Bitcoin Ex... by jnbiche on Tuesday December 05, 2017 @10:41AM (#15852360)
I do agree that you really need to make very clear that your crypto is not backed by any USD. That's not clear enough reading your description.
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