Wait how did USDC even unpeg if the same amount of minted coins were in circulation? The users shouldnt have the ability to unpeg a coin thats already tied to assets 1:1 right?
Quite a few lol
Im trying to figure out how to properly do it. We as american indian tribes have abilities, catawba figured out the economic zone part for me. I spent years going around trying to do this with a tribe, they were already doing it and getting it to be tribal law. I met the tribe in the middle, i was the first company and first bitcoin oriented company incorporated there. Im trying to being the thunder to all the other tribes but its been very hard when they being up certain points about it. I learned to teach them about decentralization and compare it to tribal sovereignty, they instantly started to understand, i dedicated more years into learning bitcoin top to bottom and now i have had contact that was positive aince incorporating through the zone and under tribal law from 36 out of the 576 recognized tribes. Slowly building but getting there.
I want to google the Catawba Digital Economic Zone.
After a great debate the question is does bitcoin stand a better chance at reaching the apex point with tribal sovereignty backing it. Examples running miners and nodes, and helping it stay decentralized with tribal sovereignty.
There you go thats what im asking! I wasnt trying to fight im like trying my best to sort of bridge my background with others. Because honestly its hard being from a reservation and explaining this thing to tribes because they always say but we cant issue or operate with tender thats not the Us dollar the government put it in the laws they do mot allow us as tribes to create out own tribal currency. A loop hole i seen was bitcoin but bringing that to the table it always has these same what if they ban it or “attack” it are we then held responsible in skme way or format.
Bingo! Thats the response type i was looking for! Im very bad with communicating but thats what im wondering is like trying to see this from where i see it and with my background. I want know others stances and not just references to other opinions but the individual level.
How do we know when its really tested or under attack, what i mean earlier is we have laws and authorities as tribes to make sure our sovereignty isnt under attack or taken away. So what is the equivalent with doing it digitally and so on.
Thats kind of what im wondering, until we do what el Salvador did do we as bitcoin users really operate with “sovereignty” or is it a sham?
How do you comprehend sovereignty when a “citizen” never had it, never has it and always gets dragged into their courts. You guys couldnt stop participating even if you wanted. Its called Sovereign Immunity and most tribes operate under this. Look at red lake and what happened when they closed their borders. No US or non tribal citizens allowed and they still operate with other tribes.
Must suck to a citizen of a government than a tribal nation lol thats ehat im saying seems like alot of bitcoiners are clueless of how tether they are to their systems just by being born.
Cant do it then the whole system collapses and itll be an all out global conflict look at all the other sovereign nations globally. Same things there. If they attack us they attack sovereignty and itll have a reverberating effect.
They cant, i mean theres a lot you guys dont understand about american indian law, and tribal sovereignty but to an effect are trying to achieve this with a digitla currency so to an effect how will it be more powerful lol
So you as americans dont own your land but we own our land to a better extent than an american citizen.
Im from a tribe and im native american. We dont pay taxes on our land but our land is held in trust by the bia and other indian offices.
Yeah read those and every other book on blockchain or bitcoin. Yeah theres key differences of course but when it comes down to humans the common man its always very different scenarios, plus being in the united states the government is already fractionalized to the state level it would be harder for them to do what the yu an is capable of as we are not a communist government.
Interesting i havent had time to pour into it. Glad yall bringing some info here.