Société Générale solves the Byzantine Managers Problem (amycastor.com)

submitted 9 months ago by dgerard@awful.systems to c/buttcoin@awful.systems

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let's start the sub off with some ordure flinging. Amy and I write these every few days and I'll be posting 'em here.

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[-] dgerard@awful.systems 2 points 9 months ago

The usual reason is because you are too dodgy to be allowed to deal in actual dollars so you need Tether or similar.

USDC does much the same job as "programmable money" for DeFi and is a bit more likely to be worth a solid $1.00 at least as long as everything's fine at Circle.

EURCV is too restricted even for that job. A zero-interest SocGen deposit account but on the blockchain!!

this post was submitted on 12 Dec 2023

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