Hey Noel, on a crypto note, I’m seeing very different takes on the so-called Athena stable coin. Wondering if you’re going to weigh in on this topic?
It’s certainly not really a stable coin, but probably more like a derivative of Ethereum that will be minimal price fluctuations if they can manage it well. Anyway pretty fascinating experiment in my opinion.
Arthur Hayes is promoting it heavily. But he is an early investor and is shilling his bag to some extent. His latest post is a elaborate promotional piece but makes some good points about the evolution of stable coins in general. But he is probably too damning of tether in his post
Hey Noel, on a crypto note, I’m seeing very different takes on the so-called Athena stable coin. Wondering if you’re going to weigh in on this topic?
It’s certainly not really a stable coin, but probably more like a derivative of Ethereum that will be minimal price fluctuations if they can manage it well. Anyway pretty fascinating experiment in my opinion.
hey derek! to be honest, I don't know much about it - will take a look!
Arthur Hayes is promoting it heavily. But he is an early investor and is shilling his bag to some extent. His latest post is a elaborate promotional piece but makes some good points about the evolution of stable coins in general. But he is probably too damning of tether in his post
Yay Iris. You are still great in your new chapter merged into the All…!