The Risks Of 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 […]
What Are Stablecoins On The Liquid Network?
Stablecoins are a hot topic; some love them for their ability to settle instantly worldwide, while others see them as a regulatory headache. Some bitcoiners believe that stablecoins are shitcoins, but we have to understand others don’t see it that way and still like the idea of a fiat denominated token. Like it or not, […]
Using Celsius To Earn 10% Interest On “True GBP”
Staggering Interest Rates In the UK, the Bank of England is clamping down on interest rates on savings accounts… a long way down… to 0.01%! I’ve read a few articles now about how seriously the bank is considering to implement so called “negative interest rates” and getting the high street banks ready for them, where […]