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mwunderling.com
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| | | | | Bitcoin and Ether are widely recognized as cryptocurrencies. But stablecoins? Not so much. Yet they have the potential to be more widely used, and maybe more important, than Bitcoin. | |
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www.coppolacomment.com
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| | | | | [AI summary] The article critically examines Tether's financial transparency, arguing that its 'reserves' are misleading and that the stablecoin's asset base poses significant risks to its peg to the US dollar. | |
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www.kalzumeus.com
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| | | | | [AI summary] The text is a detailed analysis and critique of the cryptocurrency industry, focusing on the Tether (USDT) and Bitfinex controversies. It outlines the author's belief that Tether is insolvent and part of a larger scheme involving money laundering and regulatory evasion. The author also discusses their personal skepticism towards cryptocurrencies, the role of fraud in the industry, and their own past investigations into similar issues, such as Mt. Gox. The piece includes technical details about verifying the author's predictions through cryptographic hashes and timestamps, as well as mentions of other journalists and analysts who contributed to uncovering these issues. The author's intent is to inform readers about the risks and potential fraud w... | |
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www.lesswrong.com
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| | | Wei Dai, one of the first people Satoshi Nakamoto contacted about Bitcoin, was a frequent Less Wrong contributor. So was Hal Finney, the first person... | ||