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#877 The $10 Billion Bitcoin Bet On Stablecoins

The Pomp Podcast

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Terra Will Back Us T With Bit Coin

The team at terrar has identified the biggest risk being a successful bridge between bit coin and their ecosystem. The security model for bridging bitcoin to a large system with lots of users is still unproven. Bicoin gets a credible lay or two in terra, one of the largest smart contract platforms in the world. There are lots of risks, but if they're successful in pulling this off then they will be creating a playbook for other stable coins that follow suit.

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