-On this episode of Speaking of Bitcoin we discuss:
-The possibility of central banks or regulators banning private 1:1 stablecoins.
-The challenges faced by early, decentralized, overcollateralized stablecoins.
-How negative interest rates will drive 1:1 stablecoins into fractional reserve.
-The potential weaponization of unlimited money printing to take control of limited resources.
-The scenario where governments freeze bank accounts connected to 1:1 backed coins in an attempt to destroy the wider crypto economy.
-The Potential for mismanagement of funds by 1:1 companies and threat of a Lehman brothers 2.0
-The shrinking but still dangerous dearth of transparency within the biggest stablecoin balance sheets
-Why regulators can’t seem to keep up with real solutions
-Why Josh believes decentralised stablecoins present a better set of tradeoffs.
Comments, questions, suggestions: hello @ tinycryptoblog.com
Enjoy and be well, Everyone.
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Categories: Podcasts, speaking of bitcoin
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