Motion: Algo and fractional stablecoins are flawed (Bennett Tomlin vs. Sam Kazemian)

Guests:Bennett Tomlin (twitter.com/bennetttomlin)Sam Kazemian (twitter.com/samkazemian)Host:Richard Yan (twitter.com/gentso09)Today’s motion is “Algo and fraction stablecoins are flawed.”A good stablecoin can sustainably hold its peg, and recover quickly from a premium or discount. This is a basic requirement for stablecoins. An obvious design is the bank coin model, where coins are backed 1-to-1 by fiat. But this creates a single point of failure and incurs compliance overhead. Hen...

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It seems that the future of blockchain industry can go down very different paths, and each path has its group of hard core believers. They can’t all be right. Perhaps by hearing the experts debate, the rest of us can compare their reasoning and see the future a bit more clearly. Whether you’re a builder or investor, whether you consider yourself blockchain-savvy or blockchain-curious, if you want to hear all arguments before predicting the future of blockchain, this podcast is for you. Follow our twitter at @blockdebate. Host: Richard Yan (@gentso09). See you soon! Consensus optional, proof of thought required.