Société Générale’s useless euro stablecoin: when bank blockchain units go feral
amycastor.com
The first bank-issued stablecoin! If you stretch the word “first” and the word “stablecoin.”

let’s start the sub off with some ordure flinging. Amy and I write these every few days and I’ll be posting 'em here.

  • David Gerard@awful.systemsOPMEnglish
    4·
    11 months ago

    we didn’t write the Byzantine Manager Problem section, but the guy who did will be using that pseudonym going forward

    • Steve@awful.systemsEnglish
      4·
      11 months ago

      It was actually your explanation of CoinVertible.

      “EURCV is so locked down that we can’t even think of a way to use it for scamming.”

      could have come directly from Societe Generale’s design brief.