Why Nostr? What is Njump?
2023-06-23 14:33:06

ODELL on Nostr: when the US gov bailed out SVB it also bailed out USDC USDC is intertwined throughout ...

when the US gov bailed out SVB it also bailed out USDC

USDC is intertwined throughout ethereum, crypto, and "defi" - collateral damage from its failure would have been massive

no lessons were learned - pretty much guarantees a future USDC failure will be much worse 🤷‍♂️

bitcoin fixes this.

Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx