How to design a tether coin - first get rid of the cape!

in #bitcoin6 years ago

CryptoOracle, Medium's most read crypto blog, was kind enough to publish this article I wrote on the design of tether coins. Summary: Mr. Incredible should not have a cape in his hero outfit, the cape creates a hidden risk. So too, tether coins that keep assets in fiat banks have hidden risks. The article explains the problem and offers thoughts on solutions.

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