SpaceBrotherSupreme on Nostr: So I think I get that the idea in this scenario is to trade in one asset which holds ...
So I think I get that the idea in this scenario is to trade in one asset which holds actual real-world value for a bunch of USD tokens on an Ethereum layer-2, which are controllable by a central bank and are designed to carry all of the hazards of the U.S. dollar, horribly inflated thanks to the reckless printing of the central bank which issues it.
I’m honestly more confused than I was at the start, this makes entirely zero sense in any dimension.
Bald ‘Base boy just wants to steal your sats, very sneaky stuff.
Published at
2025-01-17 01:23:04Event JSON
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"content": "So I think I get that the idea in this scenario is to trade in one asset which holds actual real-world value for a bunch of USD tokens on an Ethereum layer-2, which are controllable by a central bank and are designed to carry all of the hazards of the U.S. dollar, horribly inflated thanks to the reckless printing of the central bank which issues it.\n\nI’m honestly more confused than I was at the start, this makes entirely zero sense in any dimension. \n\nBald ‘Base boy just wants to steal your sats, very sneaky stuff.",
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