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RE: NuBits Questions Answered! - I Might Be A Genius.... Probably Not....But MAYBE!

in #nubits7 years ago

That makes sense. I guess as you said before the $1 peg is not a guarantee. If everyone decides to exit at once the peg is not going to hold, but the way they have designed it is for that not to happen.

However, I do think people should be careful and not consider it a guaranteed 34% per year on USD. No-one can ever guarantee that, it is more like a target.

I have invested some in SmartCash as I think that gives both opportunities. The ability to go parabolic as well as some guaranteed returns (in SmartCash at least).