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title: "Timeline photos BTW, if any of y'all are looking for a crypto asset…"
date: 2017-12-19
source: facebook
type: Archer T. Ships added a new photo.
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# Timeline photos BTW, if any of y'all are looking for a crypto asset…

*December 19, 2017 · Facebook*

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![](img/2017-12-19-fb-004-img01.webp){style="max-width:100%; margin:1em 0"}
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BTW, if any of y\'all are looking for a crypto asset that is pegged to the dollar, you might consider using bitUSD. Each bitUSD is backed by at least \$1.75 worth of Bitshares.\
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I wrote up a tutorial on how the peg works here:\
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[https://www.reddit.com/r/BitShares/comments/7ks60y/how_market_pegged_assets_work_a_rough_draft](https://www.reddit.com/r/BitShares/comments/7ks60y/how_market_pegged_assets_work_a_rough_draft){target="_blank"}\
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You can buy it (with BTC) on the [blocktrades.us](http://blocktrades.us){target="_blank"} exchange:\
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[https://blocktrades.us/](https://blocktrades.us/){target="_blank"}\
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It\'s mostly maintained it\'s peg in the 2+ years of its existence, though you can lose money if the price of the underlying Bitshares drops too rapidly (more than 75% an hour).
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