If anything this should be the other way around. Bitcoin has traditionally been wildly unstable, pegging it to the dollar in some way would do a lot to legitimize it as a currency. Pegging the dollar to bitcoin is just asking for the dollar’s value to go out of control.
If anything this should be the other way around. Bitcoin has traditionally been wildly unstable, pegging it to the dollar in some way would do a lot to legitimize it as a currency. Pegging the dollar to bitcoin is just asking for the dollar’s value to go out of control.