Precious Metals have stood the test of time with regards to being a store of value long term, so why not peg our Stablecoin to Silver or Gold? If that’s the way the USD is going to go then why not do this sooner rather than later so we can get ahead of the curve?
Exaclt. There should be HIVEGOLD, HIVESILVER, HIVEPLATINUM kinds of stable coins, that will be true stablecoin. Having a stable coin backed with USD or USDT has the same risk exposure as USD. So I think at some point crypto ecosystem should come out with such propositions. In fact they will need it down the line.
RE: A Gram of Silver worth $1 USD : Time to Re-Peg the HBD?