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by Ekaros
395 days ago
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Problems with pegs are that someone has to take other side. And that side is often losing one. You peg something to current amount of goods, but you have to be able to stand behind that whatever happens to value of those goods... The value drops, you made profit, the value massively increase. Now everyone is wanting to redeem and you need to be good on promise or whole thing collapses... |
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