Yeah Mark Goodwin and Whitney Webb talk about this a lot within the last 6 months about creating dollar demand through stablecoins and you can see in the Lummis - Gilibrand bill saying algorithmic stablecoins would be illegal.
Can’t use DLC’s or stable Lightning channels to do this. You would need to go through a regulate stablecoins provider which has to buy treasuries and then keep dollar reserves if bitcoin goes up in value because they would treat bitcoin as a liability not an asset.
ChrisAlaimo / Chris Alaimo
npub14r…qdj7v
2024-08-01 04:44:20
in reply to nevent1q…6k07
Author Public Key
npub14rthut95a6f29qpjr6tg2mqdzy7660l46684t9d7skl3zyf6p2xqwqdj7vPublished at
2024-08-01 04:44:20Event JSON
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