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18 sats \ 1 reply \ @davidw 1 Dec 2023 \ parent \ on: The Util: A Stabilizing Unit of Account for the Bitcoin Economy bitcoin
Thanks for responding and kudos on all the work you’ve put into it. I know many people in the world desire a stablecoin when planning for expenses. I’m just of the opinion that this is mostly only because of the ills of the fiat credit system and Bitcoin will serve us well in future regarding price stability.
What are your planned next steps? Get this operational?
And did you consider alternative implementations, like say a moving average of Bitcoin’s past pricing?
Thanks, I appreciate it.
Getting this operational is definitely the goal, but the precise manner and timing is still TBD. I have a working prototype, which I’ll share publicly when ready.
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