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20 sats \ 0 replies \ @037447d9ca 17 Dec \ parent \ on: Is ecash private enough for dark markets? privacy
ok boomer
It may be idiotic for the counterparty of the deal: the bearer of such "stablesinking" tokens ( just like it's idiotic to hold dollars) but the issuer is just doing the smart move of going long on bitcoin.
What old world asset are you tokenizing when issuing bitcoin-backed stablecoins?
This is not tether, this is not backed by treasury bonds but bitcoin.
I beg to disagree with you here. It's just a contract between parties, one going long and the other going short. Decentralized stablecoins are the achilles heel of fiat as they put the printing power back to the people. Anyone can print dollars using a smart contract.
Why did you choose a bloated venture capital controlled project like Matrix instead of a grassroots community platform and proper IETF standard like XMPP?
all the Bitcoin is either sat in ETFs or wrapped on other chains
Do you believe this deranged statement?
If you start with false premises you'd end up with absurd conclusions.
Interestingly some ppl confuse market cap with the value of a single unit of account. Happens in shitcoins too.
even if you don't sign in they can track all the websites you visit that include the login button (or google fonts) if you don't block'em