The purpose of stablecoin such as Tether is to be less volatile than other cryptocurrencies due to having its value pegged to the dollar. But what if it isn’t? Tether is mired in so much controversy that it puts all stablecoins in doubt. So, are stable coins trustworthy? What is Stablecoin? Before we can decide, … Read moreUntethered: A Look at Tether and Other Stablecoin
Is crypto a Ponzi scheme? This question arises naturally because of cryptocurrency’s nature and the continued common occurrence of Ponzi schemes. In 2019, overall detected Ponzi schemes in the U.S. rose by 30 percent. In 2020, that figure appeared to have dropped. Still, analysts believe the lower numbers say more about how pandemic interfered with government efforts … Read moreIs Crypto a Ponzi Scheme or Worse Than a Ponzi Scheme?