2026-01-01 11:22:45

The PCIM mechanism is changing the operational logic of stablecoins. Using BTG as the core collateral, this system provides strong support for decentralized stablecoins. The underlying idea is not new—originating from Hayek's classic discourse on free money—but the implementation has innovative aspects. Through the market competition mechanism of good money driving out bad, the decentralized stablecoin ecosystem is expected to achieve self-optimization. This is not only a technological evolution but also reflects the broader trend of the global financial system moving from centralization to decentralization.

BTG-8,26%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
7
Repost
Share

Comment

0/400

DancingCandles

· 11h ago

Well... it's the classic good money driving out bad money. Sounds great in theory, but what about in reality? --- BTG as collateral? That seems a bit questionable... --- Hayek's theory has been implemented for so many years, but it still doesn't seem to have made much progress. --- Decentralized stablecoins sound good, but in the end, it still depends on who has strong backing behind them. --- Wait, can this truly achieve self-optimization this time, or is it just another round of retail investors being harvested? --- There are innovations in the implementation... but what about user experience? That's the real issue. --- The decentralization of global finance—central banks won't just sit and wait. --- It sounds reasonable, but in practice, could it turn out to be another story? --- Does PCIM have real application scenarios, or is it just hype and speculation? --- The premise of good money driving out bad money is a truly free market. But in the current environment? Heh.

View OriginalReply0

RugPullAlertBot

· 01-01 21:44

Good grief, it's the same old Hayek theory again. How can it still fool new investors? BTG as collateral, but where are the stablecoins that are truly stable... Good money drives out bad, hilarious. Now it's all bad coins driving out good coins, brother. The PCIM mechanism sounds impressive, but it's just a name change. The same old tricks. Decentralized stablecoins? Let's wait and see how they collapse in the next cycle...

View OriginalReply0

gaslight_gasfeez

· 01-01 11:52

Hayek's theories have long been ready to be implemented. It feels a bit late to start with PCIM now. --- Using BTG as collateral? Will the stability hold up against fluctuations? I'm a bit worried. --- The logic of good money driving out bad money sounds great, but the real market may not be so ideal. --- Finally, someone is seriously working on decentralized stablecoins. Those previous projects really dragged down the space. --- The name PCIM... is still too academic. --- Wait, does BTG really have enough liquidity? Or is it just another idealistic project? --- If this mechanism can truly self-optimize, the crypto world would have been saved long ago. --- The phrase from centralized to decentralized has been said every year. Will this time be different and actually be implemented? --- What about compliance issues? Is no one worried? --- Brilliant! Finally, I see something a bit innovative.

View OriginalReply0

AirdropBlackHole

· 01-01 11:51

Does Hayek's theory really work? I think it still depends on market reactions. --- Using BTG as collateral? Feels a bit risky; it depends on how they stabilize it later. --- The idea that good money drives out bad sounds great, but in practice... --- Decentralization and self-optimization sound impressive, but implementation is the key. --- The PCIM mechanism sounds innovative, but is it just the old approach with a new shell? --- The concept of free currency is appealing, but who will guarantee it won't collapse? --- Can BTG handle this scale? I'm a bit worried.

View OriginalReply0

AirdropAnxiety

· 01-01 11:49

Can Hayek's theories really work on the blockchain, or is it just another impressive-sounding scheme that ends up scamming people?

View OriginalReply0

PaperHandSister

· 01-01 11:49

Hayek's theories are still not outdated, really. But as for BTG as collateral... I still have some doubts. --- The idea that good money drives out bad sounds great, but in reality, well... the market game is far from ideal. --- Wait, is this PCIM mechanism reliable? Feels like a bunch of new concepts just piled together. --- I've seen many decentralized stablecoins, is this really different this time? Or just the same old packaging? --- From centralized to decentralized? I only see a shift from one center to another. --- Has anyone calculated the risks of using BTG as collateral? It seems quite risky. --- They talk about innovative implementation methods, but what about user experience? That's the real key.

View OriginalReply0

TokenomicsDetective

· 01-01 11:32

Hayek's arguments are nothing new, the key is whether they can really be implemented Good grief, it's either BTG or PCIM, it feels like there's a new mechanism every week trying to save stablecoins Sounds nice, self-optimization? I always feel like it's just self-harvesting韭菜 The concept of decentralized stablecoins has been popular for so long, but we still haven't seen a truly effective one... Hayek's ghosts should be crying, it's already 2024 and we're still relying on old tricks Good money drives out bad money, but only if there's actually good money—right now, everything is just "fake" brands The implementation has some innovations, but is the collateral BTG strong enough? That's the real question Finally, someone mentioned PCIM; this mechanism should have been taken seriously a long time ago Showy and flashy, I just want to know when it can stabilize

View OriginalReply0