Viewing a response to: @hamzayousaf/stable-prices-don-t-just-happen-by-accident-they-are-not-a-miracle-of-the-market-they-require-a-carefully-constructed-foundation
I think the first stable cryptocurrency will be done through something like gold. Gold is the only stable currency known that never really needed an ecosystem created.
| post_id | 44,103,846 |
|---|---|
| author | cryptomeeks |
| permlink | re-hamzayousaf-stable-prices-don-t-just-happen-by-accident-they-are-not-a-miracle-of-the-market-they-require-a-carefully-constructed-foundation-20180417t224656517z |
| category | cryptocurrency |
| json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
| created | 2018-04-17 22:46:57 |
| last_update | 2018-04-17 22:46:57 |
| depth | 1 |
| children | 3 |
| net_rshares | 7,872,598,000 |
| last_payout | 2018-04-24 22:46:57 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.036 SBD |
| curator_payout_value | 0.003 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 167 |
| author_reputation | 1,544,859,147,902 |
| root_title | "Stable prices don’t just happen by accident. They are not a miracle of the market they require a carefully constructed foundation. A stable currency needs a stable ecosystem first" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| hamzayousaf | 0 | 6,596,188,437 | 14% | ||
| cryptomeeks | 0 | 1,276,409,563 | 100% |
To add to that, I think steem would serve as a great crypto for transactions. It seems to be the most stably, for the crypto world at least.
| post_id | 44,103,911 |
|---|---|
| author | cryptomeeks |
| permlink | re-cryptomeeks-re-hamzayousaf-stable-prices-don-t-just-happen-by-accident-they-are-not-a-miracle-of-the-market-they-require-a-carefully-constructed-foundation-20180417t224735122z |
| category | cryptocurrency |
| json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
| created | 2018-04-17 22:47:36 |
| last_update | 2018-04-17 22:47:36 |
| depth | 2 |
| children | 1 |
| net_rshares | 3,233,003,137 |
| last_payout | 2018-04-24 22:47:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 140 |
| author_reputation | 1,544,859,147,902 |
| root_title | "Stable prices don’t just happen by accident. They are not a miracle of the market they require a carefully constructed foundation. A stable currency needs a stable ecosystem first" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| hamzayousaf | 0 | 1,978,856,531 | 4% | ||
| cryptomeeks | 0 | 1,254,146,606 | 100% |
Yeah you are right ... Steem transaction takes 3 seconds to be confirmed. Groundbreaking recovery account feature which no other cryptocurrency has implemented. This is super important. @cryptomeeks
| post_id | 44,181,474 |
|---|---|
| author | hamzayousaf |
| permlink | re-cryptomeeks-re-cryptomeeks-re-hamzayousaf-stable-prices-don-t-just-happen-by-accident-they-are-not-a-miracle-of-the-market-they-require-a-carefully-constructed-foundation-20180418t105731401z |
| category | cryptocurrency |
| json_metadata | "{"app": "steemit/0.1", "users": ["cryptomeeks"], "tags": ["cryptocurrency"]}" |
| created | 2018-04-18 10:57:30 |
| last_update | 2018-04-18 10:57:30 |
| depth | 3 |
| children | 0 |
| net_rshares | 1,090,884,917 |
| last_payout | 2018-04-25 10:57:30 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 198 |
| author_reputation | 38,607,054,321,538 |
| root_title | "Stable prices don’t just happen by accident. They are not a miracle of the market they require a carefully constructed foundation. A stable currency needs a stable ecosystem first" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| cryptomeeks | 0 | 1,090,884,917 | 100% |
Yeah may be .. Let us see what happens
| post_id | 44,181,213 |
|---|---|
| author | hamzayousaf |
| permlink | re-cryptomeeks-re-hamzayousaf-stable-prices-don-t-just-happen-by-accident-they-are-not-a-miracle-of-the-market-they-require-a-carefully-constructed-foundation-20180418t105506810z |
| category | cryptocurrency |
| json_metadata | "{"app": "steemit/0.1", "tags": ["cryptocurrency"]}" |
| created | 2018-04-18 10:55:03 |
| last_update | 2018-04-18 10:55:03 |
| depth | 2 |
| children | 0 |
| net_rshares | 0 |
| last_payout | 2018-04-25 10:55:03 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 SBD |
| curator_payout_value | 0.000 SBD |
| pending_payout_value | 0.000 SBD |
| promoted | 0.000 SBD |
| body_length | 38 |
| author_reputation | 38,607,054,321,538 |
| root_title | "Stable prices don’t just happen by accident. They are not a miracle of the market they require a carefully constructed foundation. A stable currency needs a stable ecosystem first" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 SBD |
| percent_steem_dollars | 10,000 |