DIP rvwvr: Reducing volatility with variable block reward while keeping the total supply fixed.The price stability can be brought to the DGB, by allowing the reward to decrease with velocity in a direct relationship.So as velocity increases reward for block increases and as velocity decreases reward for block decreases.Since price of DGB is a function of money invested and circulating supply, the changing of reward with velocity can reduce the volatility.Note: DGB fixed supply is not changed only how much is distributed will change.Lets see howvelocity of money is a measurement of the rate at which money is exchanged in an economy.It increases when economy is active and there is lots of trading going on. Thus it can present demand for currency.So if we compensate this demand by matching it with supply we can bring price stability.Remember we are not pumping the coin we are making the chain auto respond with the demand.So as DGB’s ecosystem picks up and people use DGB the supply will increase in response to that. Reducing price.As activity slows down reward will be lowered down thus increasing the value of dgb. Thus increasing price.Remember it is in response to overall activity of the chain not based upon on individual.
House Dem proposes digital ID and state ledger-backed currency for stimulus aid to U.S. consumers | Biometric Updatehttps://www.biometricupdate.com/202003/house-dem-proposes-digital-id-and-state-ledger-backed-currency-for-stimulus-aid-to-u-s-consumers
I recently used btc and decided I will never hold it ever again, it has become a ponzi scheme as there is nothing which can be built upon it, with its current tech.A coins value is equal to the utility it provides and btc ain't providing any that is not based upon speculation.