@ante_dzin@cryptomanran Terra was supposed to be an algorithmic stable coin meaning that it doesn't need anything to back it. They must have realized that this wouldn't work when they started buying Bitcoin to back it, but to buy actual hard US Dollars would have basically admitted the project failed
@CryptoSecks @crypto_advisory @SBF_FTX 2) his presidency. Also, being a significant donor opens Biden’s ears to him which is beneficial while the US is trying to map out crypto regulations and trying to understand the whole space. Not sure how it’s relevant to SBF trying to help people on Ukraine. Just my 10 cents.
@CryptoSecks @crypto_advisory @SBF_FTX 1) For what it’s worth, it made sense for Sam to support Biden due to the fact that Trump was so outspoken about his dislike for crypto currencies calling them a threat to the US Dollar etc. I don’t think anyone could have foreseen the split in Congress that’s forming during
@coinbalancer@cyounessi1@GoesHarderrr@Tetranode Yea this is what I took from it, seemed to be more aimed at the self righteous maxi community who were claiming they’d take notes of everyone developing on other chains and they wouldn’t be welcome back into the Eth Dev community