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Monteluna
@monteluna
The PID controller designed floatcoins are better than holding flat dollars, since purchasing power is down 20% from 2020. TAI seems to be a spiritual successor to RAI, but I'm not sure if there's any market appetite to use floats considering the people want fixed par to the USD despite inflation.
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adcv
@adcv
it's such an esoteric value proposition, it's difficult to explain to people. I have this idea that RAI would be a better Chairman of the Federal Reserve than the person in charge now, but as a standalone product will struggle to find adoption
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adcv
@adcv
more control theory applications include the Morpho Blue interest rate model which shifts the kinked curve up or down depending on the error between the rate and the target https://docs.morpho.org/concepts/morpho-blue/core-concepts/irm
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Monteluna
@monteluna
Interesting. I'm actually trying to read up on Control Theory to understand the theory a bit more. I think you aren't the only one to think the FED should move to PID. :-)
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adcv
@adcv
i followed this one at uni https://www.epflpress.org/product/138/9782889151301/commande-numerique-de-systemes-dynamiques-vol-1 course page lists this EN ref tho i never used it https://www.cds.caltech.edu/~murray/amwiki/Second_Edition.html i was brutally terrible at control theory, shockingly poor grade performance
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Monteluna
@monteluna
Ah I was planning on being cheap here and reading a paper on it. "X for physicists" tends to give some shockingly concise overviews.
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