nir.eth 🌿🟣🐦☁️
@nir
Quick draft. Thoughts? https://nir.mirror.xyz/AudJS0vLaMpwzNi6jUWEntPhYrnlnAjPDeG_LD7CwP4
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nir.eth 🌿🟣🐦☁️
@nir
h/t @jacob
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Mike | Abundance
@abundance
I'm somewhat confused tbh. Uniswap is a market, it's not a MoE. If you have oranges and I have toasters, you can't use uniswap to exchange oranges for toasters. You still need currencies. So at best uniswap allows us to forgo a dominant currency, but it will never be a MoE by itself. No?
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Lawson.fm
@lwsnbaker
Wrote a bit about this in 2020 as well. https://twitter.com/lwsnbaker/status/1266126299275264004?s=46&t=x0KbCdY-ilXZ1Htgo5Cang
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Cameron Armstrong
@cameron
Cool premise My biggest concern is that all this breaks down at the oracle problem. If we want to use land, physical goods, or even digital goods like stock certs that “trusted” parties hold we’ll need high fidelity oracles to feed data which web3 isn’t close to nailing Would love to see this addressed
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kia
@kia
been thinking about this for a while. glad i'm not alone. in a way, all things become store of value. the AMM itself will be medium of exchange and unit of account will be an archaic concept.
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Etheus
@woodii
Fascinating mental model! If you think about it money (currency) was the first example of a medium of exchange for liquid barters. No longer #chickens for #potatoes. Things were denominated in currency. AMMs do a similar thing, but for money. Except things will still be denominated in $, no?
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