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> principles of crypto finance There isn't really such a think. There are many crypto currencies with different goals and approaches to handling market dynami
by dathinab 5y ago
> principles of crypto finance
There isn't really such a think.
There are many crypto currencies with different goals and approaches to handling market dynamics. And there are some where doing such a think is fully against there principles and would brake their marked dynamics. But not necessary for other reasons. But this also means you need to look at the specific crypto system in question to decide why it might or might not work.
I don't know much about Tether specifically, but lets say you have a new arbitrary crypto currency you try to make price stable, but like many crypto currencies it end up having deflationary tendencies (more demand, money getting "locked" in, etc.). In which case minting new coins would not only be sustainable but likely necessary.