Tether’s Change of Heart

I have struggled for years to parse Tether's behavior. It is very difficult to determine which of their inexplicable actions are motivated by incompetence, by negligence, by desperation, or by malice. Were they unbacked because they were taking advantage of their users, because they thought they had no better option, or because they didn't realize … Continue reading Tether’s Change of Heart

Episode 28 — Liberty Reserve: The First Stablecoin — Crypto Critics’ Corner

https://cryptocriticscorner.com/2021/10/04/episode-28-liberty-reserve-the-first-stablecoin/ https://anchor.fm/s/4fa795b4/podcast/rss https://youtu.be/Fim-939Cbxg In this episode Cas and I discuss what we call the ‘first stablecoin’ Liberty Reserve. Liberty Reserve was a digital representation of a dollar that was marketed based on its censorship resistance that was frequently used for illicit acts and was shut down thanks to massive cooperation between regulators and law enforcement. … Continue reading Episode 28 — Liberty Reserve: The First Stablecoin — Crypto Critics’ Corner