What is "not trustless" about algorithmic stable coins? | Hacker News

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		shkkmo on May 14, 2022 \| parent \| context \| favorite \| on: Why All Cryptocurrency Should Die in a Fire What is "not trustless" about algorithmic stable coins?

quickthrower2 on May 15, 2022 [–]

It needs an oracle at least to announce the value or the collateral in USD.

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