An $18 billion stablecoin is losing its dollar peg with all the magical chaos of algorithmic stables, with a dash of Bitcoin systemic risk drama.
Here's everything you need to know.
The $UST Depeg Thread:
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@Gavriltudor1@chain_doctor@twobitidiot 'cause what you claimed as "smart" is something ironic if they judge crypto as "shit" only in two hours ππ
How did you introduce?
What are their argumentative points to judge it as a "shit"??
You and them need to go to ocean, Dude
1/ On 31 March, the EU Parliament will vote on its proposal for a new crypto surveillance regime. The proposal is anti-innovation, anti-privacy, and anti-law enforcement. Make your voice heard and contact your member here: https://t.co/b3Ll3xXiW4
Few PoS sidetakers understand this:
In PoS EVERYTHING can be changed by coin owners
In PoW NOTHING can be changed by coin owners
PoS is the existing legacy structure - those with the money can change anything they want
The PoW #Bitcoin Network is solution to that
1/2
Holy hell, they did it.
This is a really big deal, the financial equivalent of nuclear bombs. Most worlds economies are all based on debt. Now Russias money is based on money.
@his_eminence_j @Ben64319554 It's a technicality that can be important in understanding what Russia is attempting to do. The gold standard stopped in '71 because the US stopped redeeming gold for dollars. The cause? Too much debt. There wasn't enough gold to redeem with the dollars other 1/
1/ I hate to ring the alarm bell again, but the EU Parliament leaves us no choice π¨π¨
This time it concerns a crackdown on unhosted wallets in the upcoming crypto AML regulation (TFR).
The ECON committee vote is on Thursday and the draft includes some absolute red flags π
1/ A few important notes on the new semi-dynamic Earn rate:
1. If the yield reserve net declines in April, the first Earn rate change will be a 1.5% reduction on May 1st to 18%.
2. The max monthly rate change is +/- 1.5%.
Sistem bunga staking anchor protocol mulai dikejar komunitas karena dianggap brmasalah baik dlm proses voting utk ambil kputusan maupun kputusan itu sndiri. Agaknya, akan brdampak lngsung pd harga $ANC (#Anchorprotocol )
Pemerintah bicara sustainability dan impian besar kurangi emisi karbon sambil pd saat yg sama beri izin utk babat hutan...
Itu bukan lelucon yg lucu jika bukan ironis, tragis, sekaligus mengenaskan
Hadirilah Dev//Verse hari kedua dengan topik utama: "Masyarakat Digital yang Berlandaskan Sustainability" pada Rabu, 23 Maret 2022 pukul 19:00 - 20:45 WIB.
Daftar sekarang: https://t.co/4V5e5Hzinb
#BerdayakanIndonesia https://t.co/A6qG1Tjq0S