Because it matters what you spend, not what you earn. If you spend USD or Euro, that's what it's best to be pegged to.
Plus, for businesses, it creates a more predictable income flow, not depending on exchange rates.
Because it matters what you spend, not what you earn. If you spend USD or Euro, that's what it's best to be pegged to.
Plus, for businesses, it creates a more predictable income flow, not depending on exchange rates.
At some point we need to let our attachment to fiat go.
I think there's going to be a transition time when we will need to interact with fiat, probably quite a long time, until all our needs can be met with Hive providers.