Re:Algorithmic stablecoins are provably impossible without c...
by notahacker on Monday May 30, 2022 @03:47AM
(#31556484)
The main thing is that "belief" alone is a pretty useless source of demand because its extremely mutable.
Having a reliable long term income stream attached, an actual use for the asset and/or a supply which shrinks in relation to the fall in demand is a much more sustainable source of demand.
Having a reliable long term income stream attached, an actual use for the asset and/or a supply which shrinks in relation to the fall in demand is a much more sustainable source of demand.