3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC073: Bitcoin Policy Considerations w/ Jason Brett (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

I'm a Little Bit Leary of This, but I Do Find It Very Interesting

Luna is buying up bi coin, and they're creating a synthetic stable coin. Instead of taking you as dollars and putting them into a bank account to back each one of the tokens, they're actually doing it synthetically. There's a lot of people in the bitcoin space that are very leary of this. But i do find the idea very interesting, and am potentially threatening to anybody trying to stop stable coins.

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