u can’t sell houses u don’t own
u can’t sell cars u don’t own
but
u *can* sell stock u don’t own!?
this is bs – shorting is a scam
legal only for vestigial reasons
Over 40k ETH now in Loopring zkRollup 🍀
Total: $150m+ on our Layer 2.
Can you hear that?
Like a river running downstream; assets flowing to the path of least resistance on Ethereum 🌊
No gas, no wait, no hassle. #L2#DeFi
Because pure algorithmic stablecoins:
- have no intrinsic value
- are entirely faith based
- lack deep liquidity
they ultimately become whale games.
Minnows holding these coins are helpless and can only try to predict what whales will do.
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https://t.co/loAtrYEP3T