Nostr Web Client

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Saint Matthew The XMR Collector

Is this a bull trap ? Just feels too good to be true but keep stacking sats and monero

tiredfornow 2y ago

There’s a flight to safety. Bitcoin. A lot of stables looking problematic. They can be fucked with. Bitcoin can’t.

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Discussion

Saint Matthew The XMR Collector 2y ago

Yea the gov is definitely clamping down hard on stable coins right now, scary to see how they want to rip apart the space.

tiredfornow 2y ago

Tether will likely benefit from this. I was very surprised to see them go after USDc. I always assumed it was the government coin.

Saint Matthew The XMR Collector 2y ago

100% I was also surprised but going after USDC will also threaten some ETH projects that use their stable for lending models. Two birds with one stone