Daily Balajisms - Sn1: Flat Coin | Ep #036
Duke Mtambo talks with Jakub Simek about his article on "Flat Coin". Balaji Srinivasan proposes a "flat coin" that remains stable against a basket of goods tracked on-chain, making every asset instantly liquid and tradeable against each other in a giant matrix of assets. He suggests a demurrage as a solution to make the trade-off between crypto and fiat explicit and to make various flat coin managers compete against each other.
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