The last few years of BTC, ETH, and DeFi all collapse quickly if the USDT peg fails.
How much crypto is borrowed on platforms like Compound against USDT? That collateral takes a 5% haircut, we’ll see painful liquidations. 10% or 20%? Fire sale everywhere.
Pick a few features and make them the free tier. Upsell some premium content, or have a “first three goals are free” model, unlimited goals in the subscription.
This has got to be Taibbi click-baiting pro-Trump subscribers. He buries his admission that Trump's Biden/Burisma narrative is a lie so deep in the piece, you really have to trudge through a lot of hand-wringing drivel to find it. You can read 90% of this piece thinking that Taibbi is clearly sympathetic to the Republican narrative, and he gives no indication otherwise!
How much crypto is borrowed on platforms like Compound against USDT? That collateral takes a 5% haircut, we’ll see painful liquidations. 10% or 20%? Fire sale everywhere.