3 ms·
"As of right now I don’t know what the answer is and wouldn’t want to hazard a guess, though I will say that $0.91 is much closer to $1 than it is to $0." I th
by xmcqdpt2 4y ago
"As of right now I don’t know what the answer is and wouldn’t want to hazard a guess, though I will say that $0.91 is much closer to $1 than it is to $0."
I think what the UST situation is showing is that for a stablecoin 0.90$ is a lot closer to 0$ than to 1.00$. There is probably an interesting mathematical structure to the 0 and 1$ attractors.