Hacker News new | ask | show | jobs
by TrapLord_Rhodo 1481 days ago
This is the problem with "analysis" on stablecoins. He dreams up a 'potential stablecoin', inherently designs it with flaws and says all algorithmic stablecoins will fail without contiinuous funding.

The sky is the limit with Algorithmic stablecoins and you can't throw the baby out with the bath water. All this is simply not true in every case.

Imagine a stablecoin over-collateralized with interest bearing crypto (basket of POS coins) and certified tokenized REITS, synthetic S&P, commodity futures, etc.