Quanta voglia di picchiare forte Tommaso Paradiso
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Gli ultimi otto messaggi ricevuti dalla Federazione
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@henryk no, USDC is reserve backed. the seller either decides to hold the USDC instead of the bitcoin, sell it for some other crypto asset, or redeem the USDC with Circle. it changes the seller’s portfolio, but USDC remains reserve-backed.
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@molly0xfff@hachyderm.io
Gonna be interesting to see how many "investors" get skint (and how many can afford the loss). Ain't no FDIC for speculative markets.
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@molly0xfff Injecting $1B demand is nice, but ... what's on the other side of that $1B? Isn't that supposed to hold up the stablecoin or something? Is the stablecoin now bound to bitcoin?
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@raisondetredev it mostly reads to me that they’re nervous about sinking bitcoin prices, and hoping to bolster them by a) injecting $1B of demand and b) publicly declaring their plans to do so in hopes that it will trigger others to buy
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@macfranc@vernissage.pnpde.social risposta da Mastodon glitch-soc
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@macfranc test risposta
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Tivoli (RM) di sera
