I think stablecoins are more or less a scam, but that has absolutely nothing to ... | Hacker News

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		bavell on May 10, 2022 \| parent \| context \| favorite \| on: UST Stablecoin Loses Dollar Peg I think stablecoins are more or less a scam, but that has absolutely nothing to do with PoW vs PoS.

landemva on May 10, 2022 | [–]

The USD stablecoin, backed by proof of army, is a fiat fraud propped up by gov't contractor known as "Federal Reserve".

eru on May 10, 2022 | [–]

Do you think real existing stablecoins are a scam, or do you think stablecoins by their very nature will be scams?

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