Re-posting the idea from the second half of this post a few months ago https://t.co/5yHyRCsvVV: (This is very relevant to the options ideas from yesterday) Question: if we're making a synthetic stable, what should it really be stable WITH RESPECT TO? USD is actually far from the best choice. --- What do people who want stablecoins ultimately want? They want price stability. They have some future expenses in mind, and they want a guarantee that will be able to pay those expenses. But if crypto grows on top of USD-backed stablecoins, crypto is ultimately not truly decentralized. Furthermore, different people have different types of expenses. There has been lots of thinking about making an "ideal stablecoin" that is based on some decentralized global price index, but what if the real solution is to go a step further, and get rid of the concept of currency altogether? Here's the idea. You have price indices on all major categories of goods and services that people buy (treating physic