this post was submitted on 12 Dec 2023
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Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

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Société Générale solves the Byzantine Managers Problem (amycastor.com)
submitted 11 months ago by [email protected] to c/[email protected]
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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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[–] [email protected] 2 points 11 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!!