3min chapter

Crypto Critics' Corner cover image

Celsius Collapsing: Causes, Concerns, and Catastrophe (Feat. Mike Burgersburg)

Crypto Critics' Corner

CHAPTER

G U G Us D Is Extraordinarily Tiny, and Nobody Uses It.

A couple of days ago, the c f t c released an interesting document alleging that to unknown principles, who happen to be massive bit coin whales of gemini. They were giving away g us d for less than a dollar and Circles did as well. I think the more interesting implication is that g u g us d is extraordinarily tiny, like it doesn't matter in the scope of stable coin, and nobody uses it. Yet all it's always used for is always used for e swopping into other stable glass. As far as i can tell, it's the only thing ha e done. Yes, extraordinarily strange. That's troubling.

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