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A comment on Two thought experiments to evaluate automated stablecoins. Parent comment

Re:Two thought experiments to evaluate automated stablecoins by nsonha on Friday May 27, 2022 @01:57AM (#31526429)
I mean who watch the watcher, we have democracy for the government right. Even that's an oversimplification, we have the 3 branches and check and balance so that everyone watches everyone else.
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Re:Two thought experiments to evaluate automated stablecoins by logicchains on Friday May 27, 2022 @03:41AM (#31527021)
>Even that's an oversimplification, we have the 3 branches and check and balance so that everyone watches everyone else.

The Federal Reserve, which manages the current currency, was explicitly made independent of such checks and balances.

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