Peter Schiff, a very outspoken crypto bear, answered on Twitter about Tether:
Hey peter you bring up some great points on bitcoin, but have you looked into tether? that is the real snake in the grass ..
Yes, it could be a ticking time bomb if the dollars are not there to back them up. $60 billion market cap, and $80 billion traded over the last 24 hours. It’s also the 3rd biggest crypto by market cap.
This video from Trader University was shared by Adam Back as a simple enough explanation. gotta say this is so far best explainer on why BIP 119 is premature, and pushing changes without consensus results Read more…
Mempool is like giving your transaction to a kid to get on the bus plus bus fare. He waits at the stop, buses come in every 10 minutes. The bus has limited seating. Those who Read more…
To actually understand bitcoin, you need to put in about 100 hours of research into it. Not many people can spare that time but here’s a list of good resources to get your friends and Read more…
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