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by polygamous_bat
1307 days ago
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Should the US invade, say, Trinidad and Tobago if a company headquartered there starts a $1 Trillion market cap crypto stablecoin called USDX that's supposed to be 1:1 backed by dollar but actually isn't? We know that if there is a fake physical dollar printing press there, there will 100% involvement of physical force. How would crypto be different? In an unregulated market the unethical actor will always have an upper hand, and sometimes drastic actions like that will be necessary to protect the reserve currency status of USD. Are you ready for it? |
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