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A comment on Algorithmic stablecoins are provably impossible without continuous funding. Parent comment

Re:Algorithmic stablecoins are provably impossible without c... by spyder on Monday May 30, 2022 @06:48AM (#31557610)
Yea, and also it's not just tax: "This note is legal tender for all debts public and private"
[ Parent | on HN ]
Re:Algorithmic stablecoins are provably impossible without c... by triceratops on Monday May 30, 2022 @11:55AM (#31560319)
"All debts public and private" - but only debts denominated in USD, right? If you loan me gold and specify repayment in gold or Canadian dollars or gerbils, I can't just give you a fistful of dollar bills to settle it, can I?
[ Parent | on HN ]