There are so many chains trying to be "Ethereum Killers", and, in my opinion, nearly all will fail. Let’s talk about why. #eth #eth2 #ethereum
https://youtu.be/2dj4OX_yeBw
https://peakd.com/hive-167922/@scottcbusiness/aeivqgey
https://odysee.com/@ScottCBusiness:4/eth-killers:f
With so many hacks, bankruptcies, and now supposed crypto liquidity issues on exchanges, you should never leave your crypto on exchanges or any platforms other than your own wallet. Let’s talk about Celsius & Solend.
https://youtu.be/1V1Qm5CED5E
https://rumble.com/v1964y9-lending-the-risks-of-not-holding-your-crypto.html
https://odysee.com/@ScottCBusiness:4/risks-to-holding-crypto-on-custodials:f
The question we aim to answer today is how safe & stable are #stablecoins? Let’s dive into some failed examples of algorithmic stablecoins like $UST, Basis Cash, and $IRON and some new ones like $USDD from $Tron.
https://peakd.com/hive-167922/@scottcbusiness/ygmozfgb
https://youtu.be/O-nQo-JGm7c
I hate Justin Sun's leadership, but I like $TRX's stability and consistency. It's super centralized and the APR is low, but I got to admit, it's enticing to just park my passive income crypto in #Tron.
My main concern is $USDD which could hurt it with a depeg. Thoughts? 🤔👀
I've always said scammers and people who produce failed projects always move on to the next one pretty quickly. It's VERY common in the crypto industry for anything I've called out in the past that has failed brutally. Look no further than Basis protocol -> $CLOUT -> $DESO.
So Terra launching a new LUNA and calling the original Luna Classic is kind of laughable. 😂
You want to take full advantage of the social platforms out there that use blockchain technology or have crypto monetization. Here are the 13 platforms I used to earn $628.87 CAD worth of fiat & crypto in April.
https://youtu.be/scV7HrVLEOE
https://odysee.com/@ScottCBusiness:4/earnings-29:0
Jumping back into doing interviews etc. again. Feel free to hit me up if you're interested in talking #crypto, #blockchain, or anything related to #decentralization!
Message me here, telegram, or scottcbusiness@protonmail.com
Telegram: @scottcbusiness
Time for another update on my investment portfolio and my passive income journey. In this episode, I cover my regular monthly update sharing what I invest in and why. This is amateur investing at its finest!
https://youtu.be/QDBr4iTJYvs
https://odysee.com/investing-report-25
The questions we aim to answer in this series on #stablecoins are how safe and how stable are stablecoins? Let's take a look at several examples of fiat-backed collateralized stablecoins like $USDT, $TUSD, $BUSD, $USDC, and more.
https://youtu.be/AcU88UGcoxk
https://peakd.com/hive-167922/@scottcbusiness/mdiyyyqr
Another algorithmic stablecoin called $DEI loses its peg.
While you can't really trust the attestations or centralization of fiat-backed stablecoins, seemingly almost every algorithmic stablecoin has failed. 🧐
https://coinmarketcap.com/currencies/dei/
Dropping a stablecoin video today!
Lists/reviews of decentralized social platforms are usually skewed/biased.
https://sourceforge.net/software/decentralized-social-media-networks/ is a perfect example. It's based on user reviews and it's mostly bots.
There are no good standardized rankings for decentralized social. I'll just leave this here though 👀
Talking about blockchain, cryptocurrency, & social media while also sharing my investments & financial journey with you too. 💸🌐