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BasedInFact [S] -1 points ago +2 / -3

No.

But unless it’s fully collateralized, it’s fundamentally all the same scam.

Even these “stable coins” have more in common with a stable full of horse sht than a stable, valuable asset. Only today, when some shyster “stable coin” was imploding into nothingness, its pimp actually described how they were going to “stabilize” it by utterly debasing it some more. It’s all ridiculous beyond belief.

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10lbsBass 2 points ago +2 / -0

Greed blinds people. :(

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BasedInFact [S] 1 point ago +2 / -1

Always has.

Makes them behave extremely viciously, too. 🤔