OceanSlim on Nostr: I suppose you are right, but they would have to move the Bitcoin to collateralize it. ...
I suppose you are right, but they would have to move the Bitcoin to collateralize it. Not really possible needing a super majority of 70+ federation members. Not to mention someone would see it and liquid would lose its peg and never come back and liquid would die.
Published at
2024-09-04 00:36:25Event JSON
{
"id": "6abbdc134224b6e2f9f66f57f2147410de108d2cbf07d7d28b531497c9e7dae3",
"pubkey": "16f1a0100d4cfffbcc4230e8e0e4290cc5849c1adc64d6653fda07c031b1074b",
"created_at": 1725410185,
"kind": 1,
"tags": [
[
"e",
"dcceedc02a481fa3b7718a88860ec18e46210c1b997ebc77d6c8dd974d286989",
"",
"root"
],
[
"e",
"f98a07eb2fe5ed23ff65b3b88ee3bd5fd3013a32c01ffb05e106042c80cedde6"
],
[
"e",
"9bd55f323d3ee514a835a12d792e277ffbfba1138efadf822231a0f32a25c74a",
"",
"reply"
],
[
"p",
"16f1a0100d4cfffbcc4230e8e0e4290cc5849c1adc64d6653fda07c031b1074b"
],
[
"p",
"9cb3545c36940d9a2ef86d50d5c7a8fab90310cc898c4344bcfc4c822ff47bca"
]
],
"content": "I suppose you are right, but they would have to move the Bitcoin to collateralize it. Not really possible needing a super majority of 70+ federation members. Not to mention someone would see it and liquid would lose its peg and never come back and liquid would die. ",
"sig": "b7c040ed0feec4664c55dda5ca0d33d966f3349fc002a8432d3e6bd6f600e4d339b03d45cd10db097a107bb8c89736477ae6c9d5a325a573e4147da10a0c2aec"
}
