One way to alleviate runs on the bank and similar liquidity crises is to take a bunch of putatively uncorrelated pools and mix them, which theoretically makes pool-specific liquidity concerns less likely to draw a pool’s liquidity to zero.https://twitter.com/ahcastor/status/1067066099475333120 …
-
-
It's hard to judge, is it not? Both are un-regulated. Both built speculative & highly volatile systems. Both were abused. But I'll agree; they're not similar except in one way: they are real-world examples of laisezz-faire regulatory environments run amok
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.