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David Gerard 🐍👑
davidgerard
how it works:1. tethers shipped to Binance/Huobi.2. these go straight into buying BTC. Number goes up.3. exchanges maintain 1:1 USDT/USD peg cos otherwise the music stops.4. bots arb the BTC
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CBDC proposals usually include some degree of anonymity for small transactions – because physical cash has privacy. The bank and the tax offfice can’t trace the movement of every note
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