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I'm aware of various rugpull scams with both fungible and non-fungible crypto assets. I as more asking for examples of major "cornerstones" of crypto that could
by knownjorbist 5y ago
I'm aware of various rugpull scams with both fungible and non-fungible crypto assets. I as more asking for examples of major "cornerstones" of crypto that could have create big waves across the market if something happened to it. Tether is the only example I'm aware of in which there is a case to be made that the creators are not actually collateralizing USDT with actual USD(and so if there was a run on Tether for some reason it'd potentially have rippled effects elsewhere).
- OJFord 5y agoOh I see, yes ok re-reading 'building blocks' you replied to and your 'besides Tether', fair enough. I don't know either. I don't follow crypto a lot, but what would the other candidates even be - BTC (because it's like the USD of crypto), ETH (because of derived coins, and everything built on top of its contracts), and ...?