Re:Report on Stablecoins [pdf]
by anonporridge on Monday November 01, 2021 @10:11PM
(#29076050)
The removal of human trust is the source of the speed.
It's effectively the automation of slow, human intermediaries in the financial network that allows you to create a programmable money that runs 24/7 and is open and permissionless to boot.
And with this programmable network, we can see an explosion of innovation, because nobody needs to wait around for a person to approve anything you want to try.
It's effectively the automation of slow, human intermediaries in the financial network that allows you to create a programmable money that runs 24/7 and is open and permissionless to boot.
And with this programmable network, we can see an explosion of innovation, because nobody needs to wait around for a person to approve anything you want to try.