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> So we're free to come up with our various estimates. None more correct than the other. Doesn’t this seem like a massive, systemic threat in itself, that an a
by Nursie 4y ago
> So we're free to come up with our various estimates. None more correct than the other.
Doesn’t this seem like a massive, systemic threat in itself, that an audit-dodging, opaque institution underpins the ecosystem?
Even if it is all present and correct (for some definition of present and correct) shouldn’t we be highly suspicious purely because of this evasive behaviour?
- eaurouge 4y ago> Doesn’t this seem like a massive, systemic threat in itself, that an audit-dodging, opaque institution underpins the ecosystem? It was. But it's increasingly less so. The market has hedged this risk somewhat, by decreasing its market share: https://www.theblock.co/data/decentralized-finance/stablecoins/share-of-total-stablecoin-supply https://www.theblock.co/data/decentralized-finance/stablecoi.... And will likely continue to do so.