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Ep: 475 The Central Bank of DeFi With Sam Kazemian of Frax

CRYPTO 101

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The Stablecoin Uh Scaling Trilema

The stablecoin scaling trilema has been a pretty hard thing to tackle effectively. The idea behind it is like if you're trying to scale a blockchain you can make the blocks bigger or something but that makes it less decentralized right because no one can run notes and so scalability goes down. It's also about decentralization, unsensurability and security which are really desirable for blockchain. So i don't think anyone that says oh we want to create like a trillion dollar stable coin will ever get there.

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