Post #3891304
2026-07-17 11:30 UTC
@urlyman@mastodon.social a blockchain can host a stable coin. A stable coin stays stable because it is backed by treasuries. So a stable coin gives two of the following advantages (but to whom?): traceability of transactions, and increasing of debt for the entity whoms treasury is used as backing. So with a blockchain some entity can sell its debt and see where it goes. Not sure if a database can do this.
Replies (1)
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@urlyman@mastodon.social 2026-07-17 11:36
@made@mastodon.gamedev.place thanks but I’m not that interested in rationales for cryptocurrency at the level of states. That seems to me a clear recipe for acceleration of power consumption. And as such, not practical