Pete_Winn on Nostr: Mainly that the market wants dollars, doesn't care how they're issued, is willing to ...
Mainly that the market wants dollars, doesn't care how they're issued, is willing to take risk and will seek out the easiest way to make this happen.
The piece I don't think he appreciates is that this is true or everyone and Eurodollar is heavily gated to large institutions.
Fedimints+Stability pools takes this and democratises access so a small community can now run Eurodollar style system with minimal risk
It's objectively better, lower risk, better settlement guarantees etc
This is probably missing nuance as an answer :)
Published at
2023-05-12 03:34:49Event JSON
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