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RE: My Thoughts on Creating a Bitcoin Fund From DHF to Partially Insure HBD Pegging

in LeoFinancelast year

We've just gotta also keep in mind that these BTC insurance reserves would only ever be dipped into during a death spiral.

Not when HBD goes to 96c.

This is a great point! Indeed, the fund would not be for regular use, as in fact the 3Speak post mentioned. It would be likely a threshold of 60-80c before this fund would even be touched, and that threshold would be settable by witnesses to adapt to different circumstances.