Cryptocurrency

Out of context: Reply #449

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  • drgs0

    "TerraUSD is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00. Unlike centralized stablecoins, UST isn’t backed by US dollars in a bank account. Instead, in order to mint 1 TerraUSD, US$1.00 worth of TerraUSD’s reserve asset (LUNA) must be burned."

    Do you guys understand any of this?

    -92% in 24 hours, crypto reputation set 5 years back in time

    • "Blah blah blah, invest with us, will go to da moon, blah blah blah, ur monies will quadruple, blah blah blah".NBQ00
    • All I understand is that bitcoin is the undisputed 1000kg gorilla in the ring.shapesalad

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