I’m not intimately familiar with how crypto works, can anyone explain how this is likely to fall apart? The article is a bit light on detail.

  • @jetA
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    17 months ago

    It’s odd we never see any of these stablecoin 100% backed ventures as non-profit organizations with open ledgers and open audits.

    You would think it would make sense for the large players to get together and sponsor the creation of these non-profit open holding organizations to allow them to link their digital trading to Fiat currencies.