Now that USDC is unpegged & other stablecoins like USDT is likely to follow
Think
AMPLEFORTH - Rebasing algorithmic stable currency which is also inflation resistant
And if u want to remove rebase from the equation then AMPL SPOT a derivative of $AMPL
Satoshi thoughts one week after $bitcoin whitepaper.
If there was some clever way, or if we wanted to trust someone to actively manage the money supply to peg it to something, the rules could have been programmed for that.
https://stacker.news/items/147974/r/cryptofolyo
cryptofolyo /
npub14z…jta50
2023-03-12 11:26:26
Author Public Key
npub14zmy68zamrx7wxtw4en29cnuka4cg5dssh3520qetuhtf0232yasgjta50Published at
2023-03-12 11:26:26Event JSON
{
"id": "c061edc8019067b984af343d993242d3c5065d167f2f88394caff21855312478",
"pubkey": "a8b64d1c5dd8cde7196eae66a2e27cb76b8451b085e3453c195f2eb4bd51513b",
"created_at": 1678620386,
"kind": 1,
"tags": [],
"content": "Now that USDC is unpegged \u0026 other stablecoins like USDT is likely to follow\nThink\nAMPLEFORTH - Rebasing algorithmic stable currency which is also inflation resistant\nAnd if u want to remove rebase from the equation then AMPL SPOT a derivative of $AMPL\n\nSatoshi thoughts one week after $bitcoin whitepaper.\n\nIf there was some clever way, or if we wanted to trust someone to actively manage the money supply to peg it to something, the rules could have been programmed for that.\n\nhttps://stacker.news/items/147974/r/cryptofolyo",
"sig": "47fecbaff4a4e4dcdea3bc97492357b7dc70860a8e9e5d7b5af9b29f6437ffdbef4f94ab861cc45495966c8b6f0ba776a65cbec1e17047a5dfe1b88e17aec112"
}