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They're not trustless which makes them closer to a privately run fiat currency than a crypto currency.
by _Algernon_ 4y ago
They're not trustless which makes them closer to a privately run fiat currency than a crypto currency.
- Kuinox 4y agotrustless is a myth. if there is no trust, there is no value.
- shkkmo 4y agoWhat is "not trustless" about algorithmic stable coins?
- quickthrower2 4y agoIt needs an oracle at least to announce the value or the collateral in USD.