Remember folks stablecoins have exactly 2 stable states, 1 and 0.
USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
41–50 of 147 posts
Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#42Sad nobody talks about Monero when cryptocurrency is mentioned. It is pretty much the only viable cryptocurrency. There are no wild promises of getting rich quick, just technology. There are hundreds of cryptocurrencies and Monero stands out like a sore thumb, trying to deliver nothing else other than privacy, security, and stability. It's what Bitcoin should have been. I am seriously not all that interested in crypt…
Now exchangeable without fees on the Basicswap DEX.
Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#43Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#44Earlier quoted context omitted.
US imports of Russian enriched uranium, platina, cobalt... are now highest in history. Please leave empty moralising out of this. I am paying for programming services. Traditional banking system is unreliable, so I use crypto. Nothing illegal or unethical!
I claim even driving a car is unethical. Russia earns more money from energy imports now than before the war. Price is a function of supply and demand. Supply is difficult to change and certainly not in an ethical way. So everone maintaining demand supports the war, whether they want or not. An action does not get ethical because others are worse. It's good for your conscience noting others are worse, I don't deny th…
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Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#45Earlier quoted context omitted.
Sanctioning a government fighting a war is very different from sanctioning people who want to engage in the economy without violence. I would argue the more the economic exchange to violence ratio is between two groups, the better it is for both groups (maybe not the leaders)
Except the government fighting a war is getting taxes from those people that just want to engage in the economy to fund its war effort. Sanctions are not perfect but they're a better tool than a shooting war.
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Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#46Remember folks stablecoins have exactly 2 stable states, 1 and 0.
And only one of those is stabler
Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#47Earlier quoted context omitted.
US imports of Russian enriched uranium, platina, cobalt... are now highest in history. Please leave empty moralising out of this. I am paying for programming services. Traditional banking system is unreliable, so I use crypto. Nothing illegal or unethical!
> Traditional banking system is unreliable Chase lets you send wires online for 40 bucks still to all but half a dozen banks there. There might be cheaper ways to wire, too. Not sure what's so unreliable about that, worked all of this year so far.
My experience is opposite, but never tried Chase, will look thx.
Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#48Earlier quoted context omitted.
The question is whether paying contractors in Russia is ethically any better than paying illegal drugs. Not that the contractors would all be bad people. But sanctions are there to force change. The easier it is to make sanctions ineffective the longer change will take.
US imports of Russian enriched uranium, platina, cobalt... are now highest in history. Please leave empty moralising out of this. I am paying for programming services. Traditional banking system is unreliable, so I use crypto. Nothing illegal or unethical!
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Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#49Stablecoins are just regular crypto except somebody else promises they'll go broke before you do.
Re: USDD/Tron near collapse: USDD stablecoin below $0.97, reserve collateral drained
#50Remember folks stablecoins have exactly 2 stable states, 1 and 0.
Remember folks, 1 st = 1 st, you have not lost anything until you exit. Few understand.
(lol)