~Quote from Bob Dylan
In the crypto world, where price rockets up or crashes down regularly, there are what's known as "Stable Coins", cryptos that are linked to one fiat standard or another and rise and fall as that fiat rises or falls. The biggest is Tether, and number two is Circle's USDC, which say that they back each minted coin with actual hard assets on their books...
Now this may or may not be true, but the recent crash in crypto is being tied back to the failure of USDT, a stable coin that had no backing and that was using an algorithm to mimic the value of 1 USD.
Obviously the crash has sent ripples through the entire crypto market and left a lot of people without their investment. So what are good stable coins? The author Deathereum attempts to break them all down, read through all the white papers and do research on your behalf. Here are his takes for the best stable coins.
I think stable coins, as mentioned already by the fed an other central banks, are their biggest threat, as its basically creating a monetary unit outside their banking circles. What do you think?
https://deathereum.substack.com/p/chasing-stability-a-stablecoin-deepdive
Trying out something new, a video message.
Also to back this up is a good article from Glen Greenwald about how our capacity to reason diminishes during the highly charged climate surrounding a war and war propaganda from BOTH sides.
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Michael Saylor shared something recently that may have gone unnoticed by most.... he said it in an interview with Tom Bilyeu recently.... here is the clip:
https://x.com/TheBTCTherapist/status/1869507247526793481
MICHAEL SAYLOR: The first nation to print their own currency to buy Bitcoin wins.
Paul from invest answers then also put together the fact that MSTR is applying to issue more stock to buy more BTC.... is that the same thing? Basically, people will be using fiat to buy stock that will be used to purchase BTC. But the BTC supply is limited.... so get your MSTR (or your BTC) soon! (NOT financial advice....)
But this is not what Satoshi's original 2008 whitepaper (https://bitcoin.org/en/bitcoin-paper) had in mind when it developed Bitcoin, it was suppose to be a peer to peer cashless transaction system, right?
Roger Ver thinks so, and wrote a book about it called Hijacking Bitcoin. This video is a summary of that book ...
Why Doug Casey and Anton Wahlman are wrong about the upcoming election.
Let start by reading and listening to what they have to say:
https://antonwahlman.substack.com/p/america-is-now-a-socialist-country
After reading the blog post on Hersey and Liberty, and as we see in the video from Doug Casey on why they think America is doomed to vote in "Commie-La", I think they have missed the bigger picture on the American electorate and what is driving the upcoming election.
Going through history, the three things that are the biggest motivations for the motivation to "Throw the bums out" are;
1. It's the Economy, stupid
2. How safe am I now?
3. Foreign Wars
Maybe the 2nd and 3rd reasons are intertwined, but this is the main three. And Commie-La, as much as she may try to run against the current administration, people know, she is part of the machine in power. With all three of these big picture items against her, the chances she pulls this off are extremely low.
Doug and Anton are reacting to a ...
I liked this article on Substack, and of particular interest is the video from Richard Nixon. Oh if we could only go back and know then what we know now.
https://antonwahlman.substack.com/p/putin-to-tucker-nato-provoked-the
