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Saylor teases stablecoin and announcement
Michael Saylor says he is building a dollar-pegged Bitcoin stablecoin paying 8% yield.
Key points
- Michael Saylor said he is building a #BITCON stablecoin that pays 8%.
- Michael Saylor said "We found room for more orange," hinting at another Bitcoin announcement tomorrow and that Strategy will buy Bitcoin again this week.
- Saylor described the product as digital money pegged to the US dollar, calling it a medium of exchange, unit of account and store of value.
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Original post
JUST IN: BILLIONAIRE MICHAEL SAYLOR JUST SAID HE IS BUILDING A #BITCON STABLECOIN THAT WILL REVOLUTIONIZE MONEY
"WHO DOESN'T WANT A STABLECOIN THAT PAYS 8%?"
"WHY WOULD YOU HOLD STABLECOINS THAT PAY YOU NOTHING?"
"THAT'S PERFECT MONEY – DIGITAL MONEY PEGGED TO THE US DOLLAR. A MEDIUM OF EXCHANGE, UNIT OF ACCOUNT AND STORE OF VALUE"
"THIS IS WHAT WE'RE CHASING AFTER" 🔥
Source: @paraficapital
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Bitcoin Magazine says Michael Saylor hints at another Bitcoin announcement tomorrow with 'more orange' post.
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From @Btc_MindShifts, @anarchy_dot_gov, @SiriusTheMaster and others. Spam removed, with English and Chinese translations.
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