1/ Watching #btc volatility & thinking about current use cases, I finally appreciate why @VitalikButerin says it's important to make a StableCoin. Ppl should be able to store value w/o taking on all this currency risk.
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On the topic of monetarism, cryptoeconomics, and the prospects of a stablecoin without counterparty risk: http://www.independent.org/pdf/tir/tir_20_04_05_harwick.pdf …
Very good! I like your paper; the connection of money supply adjustments to intermediation / credit creation (even in decentralized systems) is important & not well integrated into the (smidgeon) of crypto research on stablecoins.
