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A comment on Cloudflare Introduces Net Dollar. Parent comment

Re:Cloudflare Introduces Net Dollar by JumpCrisscross on Thursday September 25, 2025 @08:10PM (#45380982)
> basket of currencies and value stores seems like it would be the least volatile

For whom? The least volatile asset relative to dollars are dollars. The moment you start building a money-market fund you have novel risks, from credit to rates and FX. (And, in the extreme, legal.)

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Re:Cloudflare Introduces Net Dollar by cj on Thursday September 25, 2025 @09:04PM (#45381348)
> For whom

For people outside of the US.

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Re:Cloudflare Introduces Net Dollar by JumpCrisscross on Thursday September 25, 2025 @09:08PM (#45381380)
> For people outside of the US

They’re better off with their own currency or an international currency (currently, Euros or dollars). Almost never a basket. (The IMF has SDRs. And various trade-weighted baskets are constructed for metric purposes. They aren’t practical instruments.)

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