Properties of a Token-Based Machine Economy
Ingo Fiedler

If you exchange fiat for IOTA on demand, you might have to pay exchange fees, which is bad for micropayments. Your other solution is interesting, although it is disturbing that in the case of a fiat backed asset on the IOTA network the IOTA token itself would have only very little value. Isn’t it a goal for the IOTA team that their token increases in value?

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