How 1Theter=1USD compares with 1Nubit=1USD?

src: http://www.finextra.com/news/announcement.aspx?pressreleaseid=58285

Obviously:

  • they use a non stable blockchain on the long run (i.e bitcoin)
  • no other way than to redeem thethers for dollars for reducing supply
  • 100% USD-reserve backed, meaning they need to have 1 additional USD in order to create 1 additional Theter
    Therefore, the possibility for supply expansion is limited.
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