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#29 - Algorithmic Stablecoins, A Terrable Idea
Manage episode 331031936 series 3286751
Konten disediakan oleh Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Terra blew up. Runs followed on other algorithmic stablecoins and many followed suit. Little about their failure was novel. They all implemented models we've seen fail before with fiat. We explore why they failed, how this could have been avoided, and consider the path forward for regulation.
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