Stable coins are unstable because they're inherently leveraged. This is a proble... | Hacker News

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		JumpCrisscross on April 18, 2018 \| parent \| context \| favorite \| on: Basecoin, aka the Basis Protocol Stable coins are unstable because they're inherently leveraged. This is a problem that traces back to the original "stable coin," bank deposits.

darawk on April 18, 2018 | [–]

> Stable coins are unstable because they're inherently leveraged.

No they're not. Asset-backed Stable coins are not leveraged.

zodiac on April 18, 2018 | [–]

First you must define what you mean by "stabecoin" and "leveraged". I can think of at least two definitions for each one that do not completely overlap.

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