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And before you made that transaction, everything was the same as afterwards. Except the trade in ownership. So what is your point?

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It's interesting that you formulate your argument so specific to exclude all the risk in the middle while arguing for it.

Just assume you really don't know: you bet that 1. This has some advantage for you while the company bets it has some advantage for them. Great bet everyone wins?!

2.also with every bet the company makes with others does what to your bet?

What's the difference between a stablecoin and cash app or paypal? Stablecoin is just a fancy term for fiat as tokens but any non-bank entity that holds fiat and gives you access to it.

Because by buying that coin you created money and circumvented all Fiat protection off it.

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