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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 mettamage on Monday May 30, 2022 @06:49AM (#31557626)
Yep, ultimately it's all belief. The fact that we have countries is a collective belief as well.

It's feels very similar to a game. A serious one at that, with real consequences. It does not have a clear winning and/or losing condition though.

[ Parent | on HN ]
Re:Algorithmic stablecoins are provably impossible without c... by abakker on Monday May 30, 2022 @09:04AM (#31558555)
It is a game! Hence “game theory” and other reductive, useful abstraction used to describe and model the real world.
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