Terrawhat?
Seriously, if it hadn't been mentioned, I never would have known it existed.
Who cranks out all these garbage "stablecoins" anyway? And why would anyone trust them?
well, bitcoin peeps were applauding them buying $3 bil in btc to support their scheme.
nobody (or almost nobody) was complaining.
That's the best joke. Buying BTC for advertisement and then being forced to sell it at a loss 1 month later. These guys get the award for the most gigantic paper hands ever, trading like a noob.
I give at least 60/40 chance that we should expect the same from Saylor (that he might sell into a margin call this year).
It seems that EVERYONE who either buys bitcoin on margin OR to do some bitcoin-unrelated stuff, is being shaken off eventually.
Bitcoin is like a wild stallion that does not allow anyone to saddle it.