1. People reached out after Maker thread asking why I think Seignorage Shares (SS) stablecoins (e.g. Basis) are likely to fail. There's been skepticism already (see & ). In this thread I'll make the case that Soros Attacks could kill SS stablecoins
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In 2016/2017, stablecoins only existed conceptually in white papers, which made it difficult to have grounded debates based on real economic data. In 2019 many stablecoins that had been in R&D mode are launching... convos will be around what has happened and not "what if?"