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A comment on Ask HN: Do you think ledger technology will have a massive impact on society?.

Re:Ask HN: Do you think ledger technology will have a massiv... by quickthrower2 on Monday February 26, 2018 @10:40PM (#16470913)
The problem is pegging the token. It's a right old challenge pegging a crypto token to USD, let alone some company KPI, because the market decides what a thing is worth. And hype will push the price up, fear will crash it, and the underlying KPI might have something to do with the price, but probably not.
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Re:Ask HN: Do you think ledger technology will have a massiv... by fuqted on Tuesday February 27, 2018 @07:48PM (#16479693)
Stocks seem to work well enough.

There's no way to control price to USD, but you can control tokens to metrics. To use bitcoin as an example, say I'm holding 1 bitcoin and the metrics go up n. That coin pops out x satoshi. Metrics go down n and I lose x satoshi.

Anyway, I clearly have no idea how it would work. But it clearly can work; people are willing to find these tokens valuable.

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