Re:Algorithmic stablecoins are provably impossible without c...
by Geee on Monday May 30, 2022 @08:03AM
(#31558123)
What you're saying is wildly untrue. You are redefining words. Trust is completely different thing than valuation in markets.
You don't need to trust gold or bitcoin. They are verifiable. Don't trust, verify.
Also, the US dollar doesn't work very well, so you're redefining reality. They're constantly abusing that trust and creating way more money than would be necessary or moral.
You don't need to trust gold or bitcoin. They are verifiable. Don't trust, verify.
Also, the US dollar doesn't work very well, so you're redefining reality. They're constantly abusing that trust and creating way more money than would be necessary or moral.