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A comment on Algorithmic stablecoins are provably impossible without continuous funding. Parent comment
That's because it also has use value (and land use value), etc. Crypto coins don't have any.
>Most financial assets are backed to some extent by real assets.
Negligibly so in modern economy.
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That's because it also has use value (and land use value), etc. Crypto coins don't have any.
>Most financial assets are backed to some extent by real assets.
Negligibly so in modern economy.