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Re:Tether starting to lose its peg too, after Terra did by dragontamer on Thursday May 12, 2022 @12:35PM (#31356475)
"Substantial reserves" meaning that UST / Luna was able to keep the peg for 1.5 years.

That's a reserve for sure. Is it enough for this current storm that the cryptocoin community is having? Obviously not, it all collapsed. But it was substantial enough to perpetuate its own myth for over a year.

That's the thing. You have to admit that these things can last months, or years even if you want to be honest about discussing the nature of these cryptocoins.

Re:Tether starting to lose its peg too, after Terra did by whimsicalism on Thursday May 12, 2022 @12:39PM (#31356514)
You can't just string along two unrelated concepts with the phrase "meaning that." Not going to keep replying.