If I buy 10 Nubit for $10 now, do YOU promise that I will be able to sell them for $10 in December 2015? How much money has the exchange to buy back the Nubits from the users? What happens if the exchange gets hacked and some of the money stolen, will the price of the Nubits continue to be the same?<p>I live in Argentina and we had for a few years the "Convertibility" 1 Peso = 1 Dollar. Until it disappear. <a href="http://en.wikipedia.org/wiki/Argentine_Currency_Board" rel="nofollow">http://en.wikipedia.org/wiki/Argentine_Currency_Board</a>
How is it stable if it is based on an inherently unstable currency? And what about people who don't live in the U.S., A.K.A 17/18ths of the world?
If you want to learn more, you can read the whitepaper here:
<a href="https://nubits.com/sites/default/files/assets/nu-whitepaper-23_sept_2014-en.pdf" rel="nofollow">https://nubits.com/sites/default/files/assets/nu-whitepaper-...</a>
Cool to see this on HN. If anyone wants to learn more we have a really great community at discuss.nubits.com if you prefer the reddit look join us on /r/nubits