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Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto
Odd Lots
Algarithmic Stable Coin
Some people say any idea like an elgarithmic back stable coin is a perpetual motion machine. It's only a matter of time before it fails, Li says. But he believes there can be a truly decentralized stable coin. He also thinks that the rise of crypti and other defy primitives such as option contracts are unlikely to take off.
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