What would happen if the US government quietly bought a critical amount of BTC and then pegged their buy/sell decisions to the US dollar. Could they create BTC that move lockstep with USD? It would drive people insane.
There’s a bunch of folks trying to do this with generic drug pricing rn. Turns out if you’re willing to put enough capital to work, it’s also relatively low risk
5:22 AM - 28 May 2020
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