Re:Ask HN: Would you use Bitcoins backed by the US Treasury?
by jacobmarble on Tuesday December 03, 2013 @02:14PM
(#6842396)
The would be protecting you from the volatility of the price of Bitcoin.
I propose that the value of the Fed's eDollar would be tied to the value of a paper dollar. This isn't a "mined coin", rather the Fed would issue eDollars the way it issues paper dollars.
I propose that the value of the Fed's eDollar would be tied to the value of a paper dollar. This isn't a "mined coin", rather the Fed would issue eDollars the way it issues paper dollars.