21 sats \ 1 reply \ @ursuscamp 11 Mar 2023 \ on: Stablecoin USDC just depegged. 0.93 usd now. edit: 0.91 bitcoin
It’s climbing back up. 95 cents now. To me, this says that people are gambling on a bailout.
Yep, and a bailout would be very bad for US inflation, for the US taxpayers, and for trust in general. Also, a bailout will show the people why bitcoin was created.
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