Re:Starting a crypto project
by zaphar on Thursday May 06, 2021 @05:25PM
(#27069234)
This is impossible. If it can be traded it can be speculated. The value of any tradable asset is determined by how much someone is willing to trade for it and by nothing else. There is no way to make it stable other than to make it impossible to trade.
[ Parent
| on HN ]
What if asset issuers ("crypto manufacturers") imposed contractual price ceilings/floors?
Probably more realistic with exchanges ("authorized resellers") than individual traders.
https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
Re:Starting a crypto project
by thegreatpeter on Thursday May 06, 2021 @08:50PM
(#27070685)
i agree, but there are stable coins...