mustard57@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 2 months agoELI5 stablecoinsmessage-squaremessage-square4linkfedilinkarrow-up11
arrow-up11message-squareELI5 stablecoinsmustard57@lemmy.world to Explain Like I'm Five@lemmy.worldEnglish · 2 months agomessage-square4linkfedilink
minus-squaresquaresinger@lemmy.worldlinkfedilinkEnglisharrow-up0·2 months agoExcept that you have some anonymous strangers who pinky swear that they have said real-wolrd-asset backing. There’ve been more than enough instances where said backing just didn’t exist.
minus-squareschnurrito@discuss.tchncs.delinkfedilinkEnglisharrow-up0·2 months agoisn’t that how economic crises start or something…?
Except that you have some anonymous strangers who pinky swear that they have said real-wolrd-asset backing.
There’ve been more than enough instances where said backing just didn’t exist.
isn’t that how economic crises start or something…?