Tag Archive: FA Hayek

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    The Economics of Stablecoins

    Stablecoins are a new idea that is being advanced by some people in the cryptocurrency community. A stablecoin is a digital currency with a flexible supply. The idea behind such a coin is simple: we create a cryptocurrency that uses some kind of metric to track demand for the coin, which will trigger an automatic increase or decrease in the coin’s supply. This is supposed to keep the purchasing power of the currency stable —

    · April 3, 2015 · 8:00 pm