DeFi

While establishing a U.S. Crypto Strategic Reserve might legitimize crypto assets, doesn’t government ownership fundamentally undermine the decentralized ethos that drew us to crypto in the first place? 

Curious to hear how the community sees this potential paradox.

I think the funniest part of the reserve discussion is that everyone thinks this is a bag holder problem. 

The real problem is liquidity providers of last resort. Everyone likes the coins but not everyone is going to be providing depth to these order books. 

Someone should make a coin that acts as its own lender of last resort. Bidder of last resort. Liquidity of last resort.