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A comment on UST Stablecoin Loses Dollar Peg. Parent comment

Re:UST Stablecoin Loses Dollar Peg by dorgo on Tuesday May 10, 2022 @06:39PM (#31333606)
What is wrong with having many forks? Just ignore the ones you don't care about.
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Re:UST Stablecoin Loses Dollar Peg by stickfigure on Tuesday May 10, 2022 @09:23PM (#31334802)
Because a fork approximately divides the value of the currency between the two parts.

Imagine the USD was suddenly split into two incompatible and free-floating currencies, with the US House of Representatives saying one currency is the official one and the US Senate claiming the other. It would be chaos.

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