If the crypto doesn't have a central bank to institute monetary policy and manage supply, it's unsolvable.
I feel like a broken record saying this: Demand for the currency will fluctuate. If the supply is fixed, the price will be demand-driven. Which means volatile. Fiat currency has a central bank with active control over the supply, so it is capable of keeping a stable price if the central bank does its job.
I feel like a broken record saying this: Demand for the currency will fluctuate. If the supply is fixed, the price will be demand-driven. Which means volatile. Fiat currency has a central bank with active control over the supply, so it is capable of keeping a stable price if the central bank does its job.
http://www.bzarg.com/p/what-bitcoin-shows-us-about-how-money...