The Risks Of Stablecoins On Bitcoin

Stablecoins on Bitcoin

Stablecoins are by no means a new idea; the first version of it was launched nearly ten years ago, in 2014, with BitUSD issued as a token on the BitShare blockchain; this was an algorithmic stablecoin backed by the debt of another third-party token BitShares, which faded into obscurity as did many of the early […]

Cryptocurrencies Are Digital Fiat Replicas

crypto is fiat

Like many of you, I found bitcoin but was not ready for it yet. I didn’t fully understand the fundamentals, such as the trade-offs for true decentralisation, its tether to real-world expenditure via electricity consumption, and its monetary policy based on fixed supply. It was all too foreign a concept, and I was here for […]

50 Years Of Fiat – When Bitcoin Standard?

Over the last week, I saw a lot of people share the “significant milestone” of 50 years since the US Dollar (and all other fiat currencies by association) moved off the Gold Standard in a so-called “temporary measure”. On Aug 15th 1971, President Nixon made his announcement which gave central banks more control over “managing” […]

Sign up to our newsletter

Never Miss A Story

Get the latest bitcoin news, articles and resources.

Cookie policy
We use our own and third party cookies to allow us to understand how the site is used and to support our marketing campaigns.