Hey frankly that is nonsense. The linked web page has not presented any technical information at all.
Additionally your broad concepts are even flawed:
Stable Value: A money whose value is wildly fluctuating is undependable.
I wrote in my blog post above:
Btw, I also worked out analogous logic (hint: there is always opportunity cost leakage such as via shorting) as to why all cryptocurrency pegs will eventually fail, e.g. BitUSD and Tether.
RE: Get Ready for a World Currency