Posts
RE: RE: CZ Proposes Backing BUSD By Bitcoin
25
@edicted
··
0 views
1 min read
Still planning on writing a post about it.
In the meantime you might do well to remember that losing a "shit ton of money" is an extremely triggering experience that often leads to irrationally emotional conclusions. There is no reason why USDC & USDT can't crash to zero due to insolvency. Are you sure UST was a worse idea simply because it was the one to kick the bucket first? Or are there other reasons? If there are other reasons can't those problems be mitigated with correct mechanics?
Posted Using LeoFinance Beta
