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But we saved everything 🙂.
Gabor Gurbacs argues that excluding USDT from USD stablecoin analysis skews the overall picture.
Gurbacs emphasizes that USDT is not only the largest but also the most liquid dollar stablecoin, making its inclusion critical in any comprehensive assessment. He also references a chart from the a16z newsletter and suggests that some Silicon Valley figures are reluctant to recognize the success of non-valley entrepreneurs.
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Gabor Gurbacs has previously drawn attention to bitcoin’s performance during Biden’s term, noting the asset climbed from $35,000 to $105,000 alongside the ETF approval in a prior post. In a separate commentary, he critiqued hedge fund strategies and cited Citadel as an example of the risks tied to limited situational awareness when leveraging, as detailed here. These notes form part of Gurbacs’s ongoing scrutiny of major financial actors and products.