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Balkrishna 2y ago

Interesting fact about $USDC:

it's supposedly backed by cash held in banks, but turns out banks don't really have that cash.

Hmm, wonder where it all went? 🤔

#Cryptocurrency #TransparencyFail

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ringo 2y ago

it was never there to begin with.

just like the fiat.

read modern money mechanics>

its only 40 pages.

and written by the federal reserve.

nothing better than looking in a gifthorses mouth to understand why its rotten.