On a more practical note, in this article we dive into 4 possible scenarios wrt future bitcoin price, and show how zBTC redemption rate would change in each scenario.
https://t.co/UOUCiqi2Uy
EVI DAO pioneers programmable money to extract volatility-free value from any appreciating collateral. Read on for why we think #Bitcoin makes the ideal monetary collateral -
https://t.co/txQwZ9gzjC
Part-II in this series talks about modern conceptions of currency, including fiat currency and pegged stablecoins, and explores their shortcomings.
https://t.co/KbCKsECoHK
“…consider a country w/ 1 trillion dollars in US treasury bonds as forex reserves (most countries are required to keep most of their forex reserves as US treasuries, & over 80% of countries have their sovereign forex reserves in US dollars & US dollar denominated treasuries).”
Profound quote from Dhruz / @yettisheep4 of @evi_dao
“The United States was initially founded from the principle of ‘no taxation without representation’. Yet today in the world, the US is taxing the rest of the world without any representation & without any say in the process.”
Do you intend to sell your #bitcoin at a certain price or would you use it as collateral and borrow bitcoin backed #stablecoins against it? 🚀
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#zero#nokyc#selfsovereignty