Hey friends - We've come (almost) full circle back to government monies, but this time the monies act a bit differently than the cash and other forms we're familiar with today. Why? These monies are digital. To make the world even weirder, they're not actually issued by governments at all. These are privately issued monies that try to maintain a stable value. We'll explore the multiple competing models of how this can work, an area of active and exciting experimentation.
Fat Tailed Thoughts: Digital Dollars
Fat Tailed Thoughts: Digital Dollars
Fat Tailed Thoughts: Digital Dollars
Hey friends - We've come (almost) full circle back to government monies, but this time the monies act a bit differently than the cash and other forms we're familiar with today. Why? These monies are digital. To make the world even weirder, they're not actually issued by governments at all. These are privately issued monies that try to maintain a stable value. We'll explore the multiple competing models of how this can work, an area of active and exciting experimentation.