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Basis: APrice-StableCryptocurrency ...

Basis: A Price-Stable Cryptocurrencywith an Algorithmic Central BankFormerly known as: BasecoinNader Al-Naji Josh Lawrence Diao published: June 20, 2017 For the most updated version, : Why Does Price Stability Matter?1 Use Cases for a Price-Stable Cryptocurrency3 Developing Markets .. 3A Low-Volatility Cryptoasset for Traders .. 5 Credit and Debt Markets .. 6 The Broader Blockchain Economy .. 7 Fighting Macroeconomic Depressions .. 7 How Basis Implements Price Stability8 The Quantity Theory of Money .. 9 The Basis Protocol .. 10 Measuring the Exchange Rate .. 11 Expansion and Contraction via a Three-Token System . 13A Few Technical Notes .. 16 Robustness .. 16 Price Responsiveness .. 17A Post-USD World18 Stabilizing to a CPI.

transaction,withfeesexpectedtodecreasefurtherovertime. Otherswouldsayit’s becausecryptocurrenciesaren’treliableortrusted. Butthat’salsonottrue,asthere

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