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/biz/ - Business & Finance

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53217774 No.53217774 [Reply] [Original]

>crypto"currency"
>Denoted in Fiat
What did they mean by this?

>> No.53217792

>>53217774
I member when shitcoins just had BTC trading pairs. A better time.

>> No.53217830

>>53217792
And the price of BTC was calculated in BTC not USD, right, gandpa? (Sarcasm)

>> No.53217916

>>53217774
Because everyone knows what a dollar is, and its not very volatile

>> No.53218042

>>53217774
sounds like a you problem. I don't value it in dollars, which are worthless

>> No.53218589

Ther is a wayto create stablecoins that arent pegged to usd or any fiat garbage
I just need to find thr article again

>> No.53218642

>>53218589
Another shitcoin? What part of 1 USD = 1 USD do you not understand?

Sola Pecunia

Sola invitica.

>> No.53218658

>>53217774
I see derivatives everyware!

>> No.53218706

>>53218642
found it!1

https://medium.com/@genericmage1127/peng-protocol-test-by-finality-b0020bd1a949?source=user_profile---------3----------------------------

>> No.53218770

>>53217774
It's a way to see appreciation in value since 1 btc is always 1 btc, but seeing 1 btc go from $10 to $69000, that makes the noggin joggin.

>> No.53218893

I will gladly pay you 8 ounces of gold on monday for a bitcoin today

>> No.53218913

>>53218706
>"not reliant on fiat"
>all it does is track the price of crypto vs every fiat in the world
kek

>> No.53218994
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53218994

>>53218913