
Building https://bitomc.org
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The Internet would benefit from a native monetary system that has price stability, and I think Bitcoin is the natural store of value for the Internet. The problem is that Bitcoin’s fixed supply makes BTC a poor unit of account. Here is my proposed solution: https://stacker.news/items/334513
Is a stablecoin necessary to solve the flatcoin problem? We want a new monetary system with price stability, but perhaps we should relax the assumption that this requires a peg. Thoughts? https://link.medium.com/xaZl6dzc8Eb https://warpcast.com/joshd/0xc340c665
A big shout out to @alanadlevin , @pl , @yuga , @akshaymalh , and others for helpful discussions during the development of this paper. I’d also like to thank @balajis.eth for putting me on to the flatcoin problem two years ago. It takes a village!
Special thanks to @alanadlevin and @pl for their feedback on this post!