There are different flavors of stablecoins though. There's the ponzi scheme flav... | Hacker News

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		scyclow 4 months ago \| parent \| context \| favorite \| on: Fintech dystopia There are different flavors of stablecoins though. There's the ponzi scheme flavor that is propped up based on hand waving alchemy, and there's the boring (and now regulated) flavor that's actually backed by real money.

lavezzi 3 months ago [–]

And who is the authority to prove which stablecoins are ponzis and which are 'backed by real money'?

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