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RE: What Pegs Up Must Peg Down - Is SBD Really A Tether and Is It Doomed?
the more I hear about this, the less I understand... but thanks anyways
the more I hear about this, the less I understand... but thanks anyways
It's pretty easy to understand now. SBD is only pegged to a dollar because somebody somewhere says an incantation over a laptop.
However incantations don't work, and so when reality hits (like Bitcoin crashing), it takes SBD with it because SBD is not actually pegged to a dollar by any meaningful mechanism.
Unless I'm very much mistaken and a witness is going to come and tell me how and why I'm wrong?
Hello?
Witness?
Witness?
@smooth maybe, are you out there, would love your opinion on this....
No? Okay then. Well there you go, it looks like it's back to relying on magical incantations for us then! lol.
Cg
and that's ok, we may be going back to a dark age (albeit a digital one) in the world, so practicing a few peppy prayers may be in vogue (-:
I'm ordering my magic rosemary twigs from Amazon now. Bargain at £49.99.
Cg