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papafigos / Papa Figos
npub1r5y…33vz
2024-07-03 14:31:13
in reply to nevent1q…cva9

papafigos on Nostr: What happens to the BTC-backed USD when BTC crashes 80% and the mint has no ...

What happens to the BTC-backed USD when BTC crashes 80% and the mint has no collateral to back its debts?
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npub1r5yzptzufjehaduv3du9tlrav4ws9edwuu338s2a06haamc6xlfsf333vz