RE: Current Events May 2025
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The big takeaway here for me is that THERE WILL BE BLOOD when someone invents an algo stable coin that is stable on its own merit (aka not pegged to USD but rather its own elastic policy).
Is HBD the little engine that could? 😅
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I wouldn't bet the house on it. More than likely when they finally put all the rules and regs in place it'll get shut down for being a ponzi scheme, confiscated by the US government to go into the crypto reserve #2 and sold off to finance the crypto bitcoin reserve operation, which is crypto reserve #1.