Re:Coffeezilla, a YouTuber Exposing Crypto Scams
by tdub311 on Saturday May 14, 2022 @02:51PM
(#31381089)
Value of an asset doesn't really count as technology though. The technology of UST/Luna still "works" even though the value crashed.
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Re:Coffeezilla, a YouTuber Exposing Crypto Scams
by everfree on Saturday May 14, 2022 @04:33PM
(#31382055)
UST was intended to be a dollar-pegged stablecoin. The failure of its dollar peg was certainly a failure of technology, because a "dollar-pegged" coin that is not actually pegged to the dollar is not a "working" system.