101 Stablecoins: Tether, bitUSD, TrueUSD, DAI, and Gemini USD
Episode description
Today Brent and Mike are going over a few of the USD Stablecoins, they explain what they are, why we might want them, and then tackle how each one of them work. Tether, BitUSD, TrueUSD, Maker DAI, and Gemini USD are on the docket for today.
In the end all of these coins are cryptocurrency assets that are trying to mimic the US Dollar to the best of their ability, but they all go about it differently. Find out the subtle differences between Tether and all those other stable coins nipping at it heels, with a little talk about ponzi schemes to roll it all together.
LINKS TO TOPICS FROM THE SHOW
- TrustToken Audit Blog
- ConsensysBlog on all StableCoins
- Bitshares Website
- MakerDAO Website
- Bitshares Explained
- Bitshares Further Explained
- MakerDao Guide
HELP SUPPORT THE PODCAST!
PLEASE Subscribe and give us an honest rating on iTunes.
These links are all referral links for us, but we use every one of these exchanges and wallets.
Ledger Wallet Website This is where you buy the hardware wallet that we're always talking about on the show - we all use a Ledger Nano S.
CASH APP HAS BITCOIN! If you sign up through that link the show gets $5 and so do you! Stop the presses. The easiest to use money transfer application (yes it's easier than Venmo) now as a built in way to buy and sell Bitcoin. They even have a no - fee debit card you can use.
CryptoBasicPodcast@gmail.com
405.440.3260
Theme Music - Neledrax by Earradiate (2017)