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What the Crypto Crowd Doesn’t Understand About Economics
- elsewhen 5y agohttps://archive.is/sanK7 https://archive.is/sanK7
- deleted 5y ago[deleted]
- jqpabc123 5y agoWhat the Crypto Crowd Doesn’t Understand About Economics Stable coins are being minted and used to drive the crypto market. More then half of all crypto trades involve stable coins. The value of these stable coins is being set at some artificial level and accepted by the "crypto crowd" without any real, tangible, verifiable basis for their worth. In the words of Elon Musk, it's a hustle. You're either one of the hustlers or you're one of the marks.