Bitcoin and the History of Money with Cathie Wood, Ophelia Snyder and Art Laffer
FYI - For Your Innovation
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The Future of Cryptocurrencies
There have been some attempts to try and create what are essentially like self-referencing stable currencies. The issue with that is that you can end up with a death spiral, right? Where if you lose that peg and the underlying asset base begins to erode in value very, very quickly,. Those two things can actually play off of each other and result in a death spiral for the currency. Now, Bitcoin is Bitcoin and it's a powerful ecosystem and we don't think anything is going to derail that. But if someone wanted to develop an ecosystem related to Bitcoin with a price rule, how could maybe affiliate?"
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