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A comment on Bitcoin’s reliance on stablecoins harks back to the Wild West of finance. Parent comment

Re:Bitcoin’s reliance on stablecoins harks back to the Wild ... by Marazan on Saturday June 05, 2021 @04:33AM (#27403299)
Except the attestations have stopped saying how much cash they have in their accounts and now just say that Cricle _claim_ they have enough assets to cover the liabilities.

This is a HUGE change and massively cause for alarm.

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Re:Bitcoin’s reliance on stablecoins harks back to the Wild ... by antb123 on Saturday June 05, 2021 @10:53AM (#27405548)
Probably no depositor insurance but whatever.
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