Timeline for Can there be dollar version of bitcoin?
Current License: CC BY-SA 3.0
4 events
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Jun 5, 2014 at 14:45 | comment | added | Flavien | Sure, what makes it trusless is also what makes it impossible to peg to another asset, like OP is asking. | |
Jun 5, 2014 at 14:43 | history | edited | Flavien | CC BY-SA 3.0 |
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Jun 5, 2014 at 14:09 | comment | added | Nate Eldredge | One should note that this requires people to trust the issuer as they would a bank, since nothing would really prevent the issuer from running away with all the dollars and leaving everyone with worthless colored coins. One of the benefits of Bitcoin and similar currencies is that you don't need to put such ultimate trust in any one party. | |
Jun 5, 2014 at 10:53 | history | answered | Flavien | CC BY-SA 3.0 |