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I think he's spot on. Binance is dumping BUSD like the dog turd it is in a desperate attempt to buy bitcoin before everyone realizes BUSD isnt really a stable coin.

I think he's spot on. Binance is dumping BUSD like the dog turd it is in a desperate attempt to buy bitcoin before everyone realizes BUSD isnt really a stable coin.

(post is archived)

[–] 1 pt

fuck reddit, god damn you fags keep posting shit here. Stay on reddit then assholes. Tell us what coins are stable? redditfag

[–] 1 pt

Stablecoins are dodgy on principle. Theoretically you could create a 100% deposit backed Poalcoin that holds Poalcoin to USD at a 1:1 ratio. But...what the flying flapjacks is the point? Just hold USD.

All these stablecoin weasels are trying to back it with bonds or pump and dump schemes so they can pretend it's stable while feathering their own nests.

[–] 1 pt

So they all suck, I know the ones I bought do.