On the crypto currency market, there really is not enough stability, maybe this is what scares most users. How will the stability of the coin be achieved?
Here is the answer that was posted some time earlier:
Libre is pegged to USD value for the first two years for the reason of easier market adoption. But this doesnt mean that LibreBank stores any Federal Reserve issued tokens or use legacy financial institutions services like traditional banks. Instead, there is multi-asset fund, including top cryptocurencies. Diversification will be increased over time and reserve will include wide range of new generation crypto-assets like commodity/real-estate/gold tokens, futures, colaterated crypto-bonds etc, to hedge volatility risks. LibreCash owner have a righ to claim a share of fund equal to 1 USD by current market value.
Since 2020 Libre target rate will get indexed against inflation and have a constant purchasing power against global consumer goods basket. That means - you can buy same amount of goods for 1000 Libre in 2030, 2050 2100 as in base year (2020). Unlike dollar and other gov controlled currencies which constantly loses their purchasing power. Inflation is a hidden tax. Libre (as concept) is inflation free global currency.
