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~~~~~
πΊEssential VideosπΊ
Company Taking Over Crypto π https://youtu.be/H_jGGSpjUbw
Man Behind Crypto Crackdown π https://youtu.be/50dhNP5ezzQ
USDC Depeg Explained π https://youtu.be/OGhLklnDenU
Crypto Proof of Reserves π https://youtu.be/PtusZF39bko
Signature Bank Shut Down π https://youtu.be/5YZ6TG3iXKU
~~~~~
βοΈ π Useful Links π βοΈ
βΊ Total Stablecoin Market Cap Declines: https://protos.com/stablecoin-market-cap-dips-to-lowest-levels-in-nearly-two-years/
βΊ Tether To Buy BTC With Monthly Profits: https://cointelegraph.com/news/tether-to-buy-bitcoin-based-on-monthly-net-profits
βΊ USDC Is Dominant In DeFi: https://www.coindesk.com/markets/2023/03/30/circles-usdc-remains-dominant-in-defi-as-pressure-eases-on-the-stablecoin/
βΊ Binance Converts BUSD To Other Cryptos: https://cointelegraph.com/news/binance-ceo-announces-recovery-funds-conversion-from-busd-to-native-crypto
βΊ Techteryx Given Control of Private Keys: https://protos.com/control-of-trueusd-private-keys-transferred-to-techteryx/
~~~~~
– TIMESTAMPS –
0:00 Intro
0:50 How Stablecoins Work
5:13 Tether USDT
10:01 Circle USDC
15:03 Paxos BUSD
19:55 Archblock TUSD
24:50 Outro
~~~~~
π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Tether #USDT #Crypto #USDC
44 Comments
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I thought binance was doing something behind the scenes regarding it's stablecoin has the US government is working hard to stamp out paxos and BUSD.
Shade protocol +stablecoin silk is a stablecoin backed by a basket of currencys and commodities
I don't trust Coinbase to much like crypto black rock for me. ( Can someone say cryptos largest asset manager π )
I like crypto
Big ops to CZ for being an OG businessmanπ π
I'm scared of another backed by many, too big to fail like ftx sbf bullshit. Keep most off exchange
Far more relaxed. It must be the garden background.
Will you hire a Charlie Dimmock, for the more stately viewers. πππ
Thanks for the show.
Tezos?????
tendies presale is live
https://www.youtube.com/watch?v=iTVsC1JfVoA
Paxos has also PAXG, I hope they will be OK?!;-)
A great documentary on YouTube called the spiders web, makes me suspicious of where all this money is being funneled secretly through the Bahamas, etc.
Why does it cost me more money to send USDT as opposed to USDC?
Crypto is the future. Not sure why a bunch if idiots aren't invested long term. Big corporations wouldn't be wasting their time.
How is Guy outside?!? Isn't he like Max Headroom, but the crypto version? π
π₯
Awesome video.
why those loooong videos…?!?who has the time to watch them?
So if USDC is close to us gov and you say the wanna use its technology for a synthetic CBDC and it assets are held by a to big to fail bank and etc so all the XRP and Quant hodelers are gonna be in for a big disappointment.
Amazing video and I would advise using the recession and inflation to your advantage. You can only prepare for and make plans for them because recessions are an inevitable element of the economic cycle at the main time, Iβm still glad π I can smile back at my portfolio of $70,000 made from my weekly investment within a short period.
Thank you for this video. Such important info for everyone in this space to know.
I feel like I trust Usdc more because they are more transparent and their solid affiliations. Oh good. You just answered my concerns. You seem to agree. Most people with platforms never address stablecoin issues in their videos.
I don't trust Usdt because it reminds me of our government which prints money out of thin air and avoids audits or proof of reserves. Sketchy.
This topic is so important because when needing to hold readily-available stablecoins to trade, who wants to hold a coin that may de-peg suddenly?! Usdc did but they did nothing wrong.
I'm glad I listened twice. I got distracted and missed the part about usdc market cap declining to the point it could be in danger. That's really too bad because once again, it seems that those who comply (the good players) get screwed while the less transparent ones get away with whatever.π
Get that ridiculous face off of your thumbnails
I love the outdoor setting with the birds chirping in the background! Seriously, though!!!
"Pumping??!! Sorry, have I missed something?
Binance wants to buy BTC, Tether wants to buy BTC, a lot of DeFi crypto burning token like hell and yet no uptrend of BTC and other cryptos.
No privacy, no faith.
How to i drop my crypto
Nice work Guy. Keep it up
omg so much info… TLDR ??
Sweet video guy, like the outdoors
Mmmm CZ π€
This is surely the most absurd load of bs on YouTube. Itβs like half of a long lost Two Ronnies sketch. How the hell is anything like this is ever going to go mainstream?
The beginning of your videos now look like the beginning of a cialis commercial
We shall see…
Still the best crypto info on the tubeβ¦ cheers from Kent π€πΌ
Guy you guys rule!
Just one day of stability please is that so much to ask for ha ha π
Thats stupid Bitcoin backed by US Bonds?? That future taxes
maybe at some point the market doesn't need usdt anymore, and then it depegs?
As alwaysβ¦thank you Chief!
The dollar will die by the hand of the "FED now payments system or an American CBDC", no government besides the American I mean that even the closest allies of the Americans, the Canadian and British will not accept an American CBDC as global currency, is horrible and ridiculous that Americans politicians are pushing their national CBDC as future reserve (global) currency, the USD is the reserve currency because the States was the only real "big winner" of WW2, Europe and Japan were destroyed, full of deaths, and the other winners take heavy debt from Americans, that is how the States pushed for the dollar as interchangeable for gold. Is ridiculous that Americans are keeping the dollar as global reserve in 2023.
Countries as Brazil and Saudi Arabia will never accept to have their reserves in an American CBDC; and Russia, Iran and China go way beyond, they are pushing to end the reign of dollar, even probably with their intelligence agencies are responsible for the high intake of fake dollars that are been selling right now in the Dark Web (they are probably trying to create hyperinflation in the States).
cryptos gonna dump as soon as the fed raises rates again
You have added knowledge right into my π§