turbulent reaction after the FED's decision, the markets in general hoped without an excessive rate cut and were disappointed; stocks fell sharply in the USD too. because the returns on investments in dollars will be less attractive than expected. we note that Powell, its president, does not foresee an increase and no decrease as long as inflation. will not fall sustainably to 2%
suo status therefore on dollar returns for a good while which is only good for bonds tbills etc fixed rate investments.
the crypto sphere reacts badly, most of the coins being quoted in dollars they follow the fall of the currency and the negative sentiment of the moment
it was one of the interests (there are others!) of the proposal that I made for Monday to get closer to the € with a link to a new stable crypto NLUNC which also made it possible to massively reduce voluntarily in a first long time certainly the number of Lunc coins and therefore to increase its price.
quadruple advantages,
1) forget a peg and the ustc synonymous with the disaster of 20222 peg
2) peg$) impossible to hold without the agreement of the US, that terra will not have either the SEC or the FED which are at war with terra judicial, or in principle to keep the all power of the $.
2) an essential go to #scarcity
3) turn to an olus crypto friendly zone, Europe, with many more people than in the US especially dn including Africa linked to the €
4) a stable crypto oriented towards the € far from the old American giant that so many hate for its geopolitical positions and interventions.
5) a crypto stable must be essentially based on the confidence it itself gives off in the eyes of investors with the creation of a stabilization fund
my white paper will take time to come out due to lack of personal time
6) but the proposal made with vegas of terra haber tr is the biggest mistake for Monday
who will be producing new parts in the long term to defend the ustc
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