News for hackers. Stuff that matters.
Re:Another stablecoin loses peg – DEI team working to restor... by logifail on Tuesday May 17, 2022 @02:52PM (#31414894)
> You're running perilously close to an Austrian school of thinking about currency for daring to suggest that everyone should in theory be able to get their money out at the same time!

With the amount of financial stimulus that governments have done in the last two years, in the event of a bank run there are possibly finance ministers who would simply print the required money and drop it from helicopters on the mobs waiting outside the banks.

There are no comments on this comment yet.