There will be a whole new generation of litigation practices built on different types of stablecoins.https://twitter.com/balajis/status/1162446491761422342 …
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Step 1: Stablecoin issuer says “this will always be worth $1!” Step 2: peg breaks Step 3: stablecoin holder says “you said this would always be worth $1!” Step 4: lawyer time
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Replying to @prestonjbyrne
Nick Szabo 🔑 Retweeted Nick Szabo 🔑
Nick Szabo 🔑 added,
2:19 PM - 16 Aug 2019
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