Will This Stablecoin Blow Up Next?
𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
Get my best-selling Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQ/
Join the Trader University email list:
https://www.trader.university/email-list
In this video, I discuss the algorithmic stablecoin DAI, and its over-reliance on USDC collateral.
Just one phone call from OFAC to Circle would be enough to render DAI massively under-collateralized, thus causing huge liquidations in the DeFi space.
This is just another example of how DeFi is really decentralized in name only.
Only Bitcoin is built to withstand nation-state level attacks.
Not investment advice! Consult a financial advisor.
Terra Luna Buying Bitcoin Billions:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity
Is Celsius About To Implode?
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity
Tornado Cash Disaster (What Comes Next?)
https://www.youtube.com/watch?v=3iEafLAq4sQ&ab_channel=TraderUniversity
OFAC sanctions Tornado Cash:
https://home.treasury.gov/news/press-releases/jy0916
Circle freezes some USDC:
https://cointelegraph.com/news/circle-freezes-blacklisted-tornado-cash-smart-contract-addresses
Dai:
https://en.wikipedia.org/wiki/Dai_(cryptocurrency)
https://coinmarketcap.com/currencies/multi-collateral-dai/
Dai collateralization:
https://daistats.com/#/overview
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#stablecoin
#usdcoin
#defi
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
-
9:32
Bitcoin University
7 months agoNo Way Out For Ethereum (Tragic)
4944 -
6:30
Brad Polumbo
21 hours ago"Cleanliness is Right-Wing!": Insane Woke TikTok (reaction)
3.07K16 -
13:23
Freakin' Reviews
21 hours agoLet's Try Amazon's Best Selling JUICER!
3.44K2 -
16:59
Exploring With Nug
22 hours ago2 Cars Found While Searching For Missing Man!
3.86K1 -
11:32
JoBlo Horror Originals
22 hours agoWhat REALLY Happened To The Entity?
3.49K3 -
7:10:20
SNEAKO
11 hours agoYOU DONT WANNA MISS THIS… (surprise guest)
93.3K40 -
Alex Zedra
11 hours agoLIVE! Girls Scary Game Night
65.7K29 -
Fresh and Fit
14 hours agoThe End Of An Era. We Are Leaving YouTube.
154K175 -
34:46
Man in America
17 hours agoSHOCKING Proof: Grocery Prices Tripled in Just Two Years!!! w/ Dr. Kirk Elliott
59.2K42 -
6:52
Chrissy Clark
1 day agoTikToker Melts Down Over Supreme Court Ruling
64.8K43