Antony Lewis created a transcript for Episode 15, which you can find on his blog. Thank you!
Until now, it was impossible to have strong property rights in places with a weak local government. Bitcoin does not depend on the existing system in any way and can give us the highest form of property rights.
In this piece, we demonstrate how several recent reports about Bitcoin’s exposure to Tether have been grossly exaggerated. We then assess how exposed to both solvency and liquidity risks is Tether. We finally conclude that Bitcoin should be robust to Tether-related shocks.
So far, dollar backed stablecoins like Tether’s USDT or Circle’s USDC don’t pay any interest to holders of their coin. We think that is about to change in 2019.
Copyright 2019 Uncommon Core
