This post is nonsense, and it’s lowkey embarassing to the sub that it is so highly upvoted with no critical voices. We should try to be less conspiratorial, or this sub just becomes r/bitcoin in reverse (with bet
I think this shows why having sound reserves matters. Whether it’s China’s Evergrande or Tether or Luna, people are relying on some assets to back the currency. But what happens when those assets themselves become less in demand (say, because the central bank raises interest rates?) Or if we find out (as in the case…
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