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251: Kasper Vandeloock - High School Dropout Turned Quant Trader, Entrepreneur (Pre & Post FTX Collapse)

Chat With Traders

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Is There a Decentralized Algorithmic Stablecoin?

mm-hmm yeah so there's been some positive movement toward releasing proof of reserves but the critics argue that well what about the proof of liabilities. I personally don't know how they're gonna approach this problem and haven't gone too deep into it yet on how they could actually build a solid system around that. What are your thoughts about whether we need a decentralized algorithmic stablecoin such as an alternative option to the centralized government influenced stablecoins like USDC and USDT supposedly Ave is designing a stable coin called Go that's algorithmic.

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