Why Stablecoins are almost always a bad investment - Crypto in Plain English - Episode 171 - by cryptohunt.it
Crypto in Plain English - by cryptohunt.it24 Touko 2022

Why Stablecoins are almost always a bad investment - Crypto in Plain English - Episode 171 - by cryptohunt.it

Why Stablecoins are almost always a bad investment

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

As an avid listener of this podcast, you will have noticed: We have spent a lot of time explaining stable coins. This is somewhat of a passion for us: We love the idea, but we think the risks are not clearly communicated.

So, what makes stable coins so risky? They are, after all, stable right?

And that’s the problem. In theory they do represent a value that only fluctuates minimally. But many stablecoins have fundamental flaws: They may not be fully backed. Or their algorithms don’t hold up under pressure.

Whatever the risk, the most important thing to realize is that there is no reward by design. You will never get MORE for them than you paid. But they can collapse, like TerraUSD did. And let’s take another look at Tether USD: The company refuses to tell you where the money is parked, yet it is the third largest cryptocurrency in the world.

We want you to consider this: Risk with no reward. Is it worth it? We think maybe, for temporary money transfers or payments, but not to hold. But as always, do your own research - we are not here to give you investment advice, we want to teach you the basics to make the best decisions possible.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.

Jaksot(373)

What is a bank run, actually? And is that really what killed FTX? - Episode 317 - by cryptohunt.it

What is a bank run, actually? And is that really what killed FTX? - Episode 317 - by cryptohunt.it

What is a bank run, actually? And is that really what killed FTX? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English - and this is another special to ex...

16 Joulu 20223min

Should I use crypto to send money internationally? - Episode 316 - by cryptohunt.it

Should I use crypto to send money internationally? - Episode 316 - by cryptohunt.it

Should I use crypto to send money internationally? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English - so that you can form your own opinions to be saf...

15 Joulu 20222min

What does SBF’s arrest mean for crypto? - Episode 315 - by cryptohunt.it

What does SBF’s arrest mean for crypto? - Episode 315 - by cryptohunt.it

What does SBF’s arrest mean for crypto? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English - and this is another special on FTX. So: Sam Bankman-Fried g...

14 Joulu 20223min

Sam Bankman-Fried was just arrested - Bonus Episode 314 - by cryptohunt.it

Sam Bankman-Fried was just arrested - Bonus Episode 314 - by cryptohunt.it

Sam Bankman-Fried was just arrested - Welcome to a special bonus extra Episode We usually just do one episode per day of the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain...

13 Joulu 20222min

What is “Proof of Time” (PoT)? - Episode 313 - by cryptohunt.it

What is “Proof of Time” (PoT)? - Episode 313 - by cryptohunt.it

What is “Proof of Time” (PoT)? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English - so that you can form your own opinions to be safer out there in the ...

13 Joulu 20222min

Just how big if the “FTX Domino Effect”? - Episode 312 - by cryptohunt.it

Just how big if the “FTX Domino Effect”? - Episode 312 - by cryptohunt.it

Just how big if the “FTX Domino Effect”? Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English - so that you can form your own opinions to be safer out the...

12 Joulu 20223min

An Update on Ukraine and Crypto - Episode 311 - by cryptohunt.it

An Update on Ukraine and Crypto - Episode 311 - by cryptohunt.it

An Update on Ukraine and Crypto Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. When the war against Ukraine broke out, we shared stories about cryp...

9 Joulu 20222min

What if you got paid for surfing the web? An explanation of BAT (Basic Attention Token) - Episode 310 - by cryptohunt.it

What if you got paid for surfing the web? An explanation of BAT (Basic Attention Token) - Episode 310 - by cryptohunt.it

What if you got paid for surfing the web? An explanation of BAT (Basic Attention Token) Welcome to the Cryptohunt Jam, where we spend one minute a day explaining crypto. In plain English. Today, we'll...

8 Joulu 20222min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
rss-rahapodi
mimmit-sijoittaa
ostan-asuntoja-podcast
rss-rahamania
rss-sisalto-kuntoon
rahapuhetta
sijoituspodi
herrasmieshakkerit
rss-laakispodi
rss-bisnesta-bebeja
rss-karon-grilli
rss-draivi
rss-sami-miettinen-neuvottelija
rss-lahtijat
rss-seuraava-potilas
rss-paasipodi
rss-tyoelamasta-podcast
rss-myynnin-mehustamo