I never got it. No way I am paying the 59.95 they wanted for shipping and handling.
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Not sure how much crossover there is between this thread and the hustler posts but going to post anyway.
https://twitter.com/hclpokershow/status/1525195650039570432?s=21&t=9sbut2Ndg9QL6ju5HuuZpA
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https://twitter.com/stablechen/status/1525023238895837184?cxt=HHwWgIDRycmj_KkqAAAA
When old ponzi scheme fails, just make a new one!
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I know dick about any of this, but shouldnāt it be possible to hire some top-flight accounting firm to verify that UST has the funds to back up their stablecoin? It seems like thereās an extraordinary amount of money hinging on something that could be verified.
SpiderCoin?
Sounds like a good project for a coin that Do Kwan can start next week.
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Laughed more on that site, (27bslash6), back in the day than any other Iām pretty sure ā¦
Missing Missy Missing Missy 
&
Simonās Charts It's like Twitter. Except we charge people to use it.
are 2 examples that stand out.
A few misses but mostly hits.
edit: The spider one is Overdue Account
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Man I remember when the internet was fun.
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It sounds like he just thought it was overvaluedā¦
I had an exchange with a crypto bro software engineer at the start of the year where I said it was insane to buy a stable coin at an interest rate similar to an i-bond and he was like āI trust code more than the governmentā.
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According to your model, what is the median return of Bitcoin over the next 12 months?
(directed at no one in particular)
There is an important distinction between financial assets which have an expected real return (stocks, bonds, farmland, rental property, etc) and financial assets that do not have an expected real return (commodities, precious metals, crypto, fiat currency, etc).
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The GUSD Earn works because Genesis issues out loans at rates higher than that. But as demand for those loans decreases the rate is lowered. For example, recently dropped from 8 to 6.9. Much different from UST. That 20% was mostly coming from thin air afaik
69.69% give or take a few hundred %.
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Thatās what Iāve been saying all along!