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by jcalvinowens
375 days ago
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> My worst case total risk exposure is approximately the same as the cost of 3 months of payment processing Okay, yes: what you're describing is the actual utility of these things. I think you underestimate how many people dealing in them are using them much less intelligently than you are. They are being marketed in an extremely dishonest way, as a safe long term store of value. I regularly overhear normal people at my local bars talking about how they're "investing big in stablecoins" and it terrifies me. |
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