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#29 - Algorithmic Stablecoins, A Terrable Idea
Manage episode 331031936 series 3286751
Contenuto fornito da Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.
Terra blew up. Runs followed on other algorithmic stablecoins and many followed suit. Little about their failure was novel. They all implemented models we've seen fail before with fiat. We explore why they failed, how this could have been avoided, and consider the path forward for regulation.
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