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I think the angle here is international blockchain Venmo with a goal to convince the non-destitute Facebook holdouts to finally sign up so that they can commerc
by koolba 7y ago
I think the angle here is international blockchain Venmo with a goal to convince the non-destitute Facebook holdouts to finally sign up so that they can commerce.
For the record I doubt that will work. The early adopters will be scammers and people duped into thinking this is their get rich quick opportunity.
- omarchowdhury 7y ago> The early adopters will be scammers and people duped into thinking this is their get rich quick opportunity. It's a stablecoin. There's no get rich opportunity.
- tveita 7y agoIf it really is pegged to a basket of multiple currencies that makes it a bit of a forex instrument, not just a 1:1 exchange. Someone, somewhere could probably make a bit of money on mispricing or market movements.