I'm still obsessed with the MidTwit/Midcurve meme. It changed my life, seriously.
Don't Mid-Curve life.
If you can't make it simple, you likely don't know what you are talking about.
.@terra_money set out to challenge the entire status quo of the traditional banking system
A decentralized stablecoin has never existed on UST's scale. High reward comes with high risk. It would be naive to think there aren't a lot of very powerful people who want to see it fail
@ThoriumUST @Cephii1 Excellent point… & Since the 🌔was attacked yesterday there is now as much non anchor $UST 7.5 billion as there is total $Dai by market cap.
The whole “only use case is anchor” argument is done too
I've never heard of a recession happening where every single person is expecting/predicting it. 2008 housing market crash happened because it caught majority off guard. Seems like every single #Twitter user is a recession expert predicting for the worse (priced in).
$UST with $10B+ in $BTC reserves will open a new monetary era of the Bitcoin standard.
P2P electronic cash that is easier to spend and more attractive to hold #btc