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what a riveting turn of events let me see if i got this right, we got $hitcoin staking derivatives used as collateral to magically generate yield while the real $hitcoin lies locked away until the advent of a phenomenon the prophecies refer to as "merge"... only issue is...wen merge...and will any of this still be around by then

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Jun 15, 2022·edited Jun 15, 2022

it's 1:1 backed by real eth, but you can call eth a $hitcoin I guess...

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haha we're just having fun here partner...i didnt mean to call ether a $hitcoin. its not a $hitcoin, its THE $hitcoin. King $hitcoin, first of its name 😂

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I think Celsius is working with Alameda on this. Sould be a good news even if they don't redeem them exactly 1:1 at least we see some cooperation in the crypto because the mentality of each for themselves depress me a bit lately.

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