I just found this tweet by Cory Klippsten about Decentralized Stablecoin is an oxymoron.
I am not familiar with the word Oxymoron, so I need to search it first before engaging in conversation
What is Oxymoron?
The simplest meaning I have found is
A figure of speech in which apparently contradictory terms appear in conjunction.
The tweet by Cory said
"Decentralized Stablecoin" is an oxymoron.
Do Kwon and all Luna / Terra / UST promoterz are lying to you.
It's just another sh*tcoin ponzi with some orange-washing Bitcoin affinity scamming sprinkled on top.
https://twitter.com/coryklippsten/status/1522812425505964032
- coryklippsten
For this, I responded under this tweet by saying
decentralized #StableCoin does exist which is not backed by any entities/companies. It is #Hive's Algorithmic driven stablecoins called #HBD
then I added the good blog made by if he prefers a broader view about HBD.
is making so many good articles that we can use to make our life easier in terms of explaining things in the world of Web 2.
Hopefully, Twitter doesn't shadowbanned my reply because of the Hive link which I doubt
https://twitter.com/hiro_hive/status/1523051064874135552
- hiro_hive
In addition, I did Quote Retweet it for visibility purposes
https://twitter.com/hiro_hive/status/1523051243026976768
- hiro_hive
I want to encourage you to do the same especially since it only cost us 5 minute of our time to promote Hive on Twitter, I am hoping that many of us that can join this movement
If you are not aware of how we are doing here, kindly check our post
We love you guys