Terra, Luna, and Algorithmic Stablecoins
Crypto Critics' Corner
00:00
Dokuan Is a Genius, Everybody Pay Attention to This?
Dokuan is buying ten billion dollars worth of bitcoin to collateralize, effectively, 18 billion in this floating stable coin that is supposed to be entirely colateralized by their governments token. That's half the buck and market cap of the stable coin. So he's already been sapinoed by the c yes, though he claims it doesn't count,. which we talk abutlovin in our episode with john read stark, right?
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