top | item 31381089 (no title) tdub311 | 3 years ago Value of an asset doesn't really count as technology though. The technology of UST/Luna still "works" even though the value crashed. discuss order hn newest everfree|3 years ago UST was intended to be a dollar-pegged stablecoin. The failure of its dollar peg was certainly a failure of technology, because a "dollar-pegged" coin that is not actually pegged to the dollar is not a "working" system.
everfree|3 years ago UST was intended to be a dollar-pegged stablecoin. The failure of its dollar peg was certainly a failure of technology, because a "dollar-pegged" coin that is not actually pegged to the dollar is not a "working" system.
everfree|3 years ago