Crypto Flatcoins and why they are better than normal stablecoins

So Brian Armstrong recently revealed his ten favorite crypto innovations and Flatcoin is in top of the list.

So, what on Earth is flat coins?

well, flatcoins are stablecoins. However, instead of tracking the price of an asset, like gold or the US dollar, flatcoins are pegged to the inflation.

So, when the cost-of-living increases, so does the valuation of the coin. As such, the purchasing power of such coins remains constant or “flat”.

Meaning in an ideal word, using a flatcoin, a burger bought today will be the same price as a burger bought five years from now.

sounds awesome, right?

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Here is what Brian Armstrong said about Flatcoins

"A flat coin that tracks CPI could be a huge opportunity for the crypto economy to really leapfrog in many ways," Armstrong said. He proposed a "decentralized coin that tracks the CPI (consumer pricing index)" to provide stability and inflation resistance—unlike volatile cryptocurrencies or fiat-backed stablecoins. He said that a CPI-linked Flatcoin could enable smart contracts to maintain purchasing power and hedge against inflation across borders.

So, tell me what do you think abut these coins? Are they better alternative to stablecoins ?

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Tldr; Stablecoins are pinned to depreciating assets like the US dollar, while the flatcoin is based on current unbiased, on-chain inflation data. This means a flatcoins purchasing power remains constant, or flat, from the moment it is bought to the moment it is sold.”