Gotta be honest I don't really understand it, but it sounds like Special drawing rights (SDRs/XDR).
Personally I wouldn't be opposed to some sort of decentralized stable currency (meaning no single state holds power over it) that has checks and balances between the different issuers of it, to disincentivize abuse of the currency, like the US loves to do. I don't think having a single issuer like the IMF or UN or something is a good idea, because it could just be captured. It would be nice if it was a sort of self regulating system.
Side note: Got a little confused when this showed up when I clicked through the pictures on the Bancor wiki page lol
*removed externally hosted image*
Apparently it's the Wikinews logo.
why the hell would Wikinews pick (((🌐))) as their logo 😭
Gotta be honest I don't really understand it, but it sounds like Special drawing rights (SDRs/XDR).
Personally I wouldn't be opposed to some sort of decentralized stable currency (meaning no single state holds power over it) that has checks and balances between the different issuers of it, to disincentivize abuse of the currency, like the US loves to do. I don't think having a single issuer like the IMF or UN or something is a good idea, because it could just be captured. It would be nice if it was a sort of self regulating system.
Side note: Got a little confused when this showed up when I clicked through the pictures on the Bancor wiki page lol
*removed externally hosted image*
Apparently it's the Wikinews logo.
why the hell would Wikinews pick (((🌐))) as their logo 😭