We issue a proprietary scame coin 50% owned by UPers and the trading fees require paying in the scame coin and then the trading fees are earned by the people who own the coin (mostly UPers to start). The other 50% slowly gets distributed this way. We also fund a liquidity pool for the coin and scame the price up a bit.
The issue I’m having is I worry once btc hits 100k it’s indicative of such ridiculous inflation that it’s much much more financially irrelevant (in terms of real life consequences for holders) than whatever the recent ATH was
Since April, four rural banks in China’s central Henan province have frozen millions of dollars worth of deposits, threatening the livelihoods of hundreds of thousands of customers in an economy already battered by draconian Covid lockdowns.