franco pfp
franco
@francos.eth
ERC20 backed by cocaine. Who is building this? cypherpunks used to punk harder. “Just as the personal computer and laser printer have made it possible for anyone to become a publisher, digital cash makes it possible for anyone to become a bank, whether they are a major corporation or a street-corner drug dealer with a laptop and a cellular telephone,” Grant explained. “Indeed, as national debts continue to increase, many people might see an advantage in using cash backed with, say, cocaine instead of cash backed solely by a government’s ability to collect taxes.” Mark Grant “Introduction to Digital Cash”, Extropy 15 (2nd-3rd quarter 1995)
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J. Valeska 🦊🎩🫂 pfp
J. Valeska 🦊🎩🫂
@jvaleska.eth
better back the cocaine with the erc20 😅
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jon pfp
jon
@jonbray.eth
I've seen some historical cocaine price charts before, and I'm pretty sure that adjusted for purity and inflation it would actually make a more stable stablecoin than a USD backed one 😆
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