Comment by whoisninja9

there's a lot of talk about stablecoins. I think it is a great idea but what we define as "stable" is fiat currency. The whole idea of creating this website is to make people think if fiat is really stable? So, if we think about what is best way to create stablecoins. We should look at it from first principles, i.e. stable relative to what?(probably we want it to be stable relative to everyday commodities we consume I would guess) and how do we make sure people don't use to speculate its moves? I don't have an answer but I think it is a tough one at least for me.