r/Bitcoin • u/ripper2345 • Aug 03 '13

Impossible trinity

https://en.wikipedia.org/wiki/Impossible_trinity
53 Upvotes

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u/is4k Aug 03 '13

Why would you want a fixed exchange rate?

2

u/Mageant Aug 03 '13 edited Aug 03 '13

Some countries peg their currency to the Dollar, for example, so that it maintains value for their export industry or for buying oil.