Quote:
Originally Posted by Paul
No cypto currency will be stable until it's pegged to a currency, then again perhaps that's the intentions of the Chinese government.
Buy up all cypto currencies and peg them to the yuan, it's just a theory!
With a market cap of less than $10 billion that's pocket money to China
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Isn't the whole point of those monopoly money that they are not like regular currencies? If you peg them to a currency then it basically becomes just like any other currency. In your case it would basically be yuan (in different shape). Thats against the whole idea of "free currency"