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RE: BraveNewCoin: Global reserve currency - Special Drawing Rights vs Bitcoin

in #bravenewcoin8 years ago

Great Article.

@karnel was actually looking to create a BitSDR MPA(Market Pegged Asset) on the Bitshares network recently. Similarly to BitUSD, the value of the token would always be worth at least 1 SDR worth of Bitshares (BTS) via the Bitshares Decentralized Exchange; issued by the network and honoured by the network itself making it free from government or third party intervention/influence. It would be a simple addition to as the witnesses already track and publish all the SDR currencies to the blockchain.

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