RE: Anatomy of a Flash Crash
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The Terra thing was interesting and yeah people I am sure want to understand better how our hbd system may correlate to such an attack which would be seemingly nearly impossible.
Finally it is spring time in Oregon! Hope you are getting out and enjoying it!
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The 'haircut' that kicks in if we exceed the debt threshold precludes HBD from falling to a total bank run like what happened to LUNA. That doesn't mean HBD can't trade at discount when confidence in the mechanism isn't high enough.