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RE: Stablecoins, Hive, HBD, and the "GENIUS Act"

in Economics3 months ago (edited)

I asked this question like a week ago in a chat if this act is going to effect hbd, good reminder that it's not technically a stablecoin being issued but more like a debt to hive so hopefully we don't need to adhere to laws like not offering interest, not that we'd need to. :P

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I increasingly appreciate how our truly decentralized model did an end-run around a lot of regulations. Justin Sun's TRON apparently wants this regulatory "legitimacy, and now STEEM is tangled with that, but we're free here.