Thanks for detailed explanation. In other words you push people into more greed, like it wasn't enough in this fucked up world. And to funnel this greed, you've created a shitcoin, that we didn't have enough shitcoins in this fucked up world.
So no thanks, this is pure garbage for me.
Just to clarify: there is no other coin involved, so we haven't created a shitcoin. It's just a mechanism to stabilise a part of your Bitcoin holdings with respect to USD. It's all sats under the hood.
And to your first point, I think giving people the option to do something that they already do (trading) in a way that respects the self-custodial principles of Bitcoin is hardly pushing people towards greed. Whether you like it or not, people will trade with Bitcoin and if they do it on custodial exchanges their funds are always at risk.
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Where's the shitcoin in their approach?
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