▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
This is the second video of a beginners’ guide where we will break down step-by-step how the traditional financial system is structured, how the cryptocurrency market is structured, what stablecoins are, their role in the cryptocurrency market, and why stablecoins will both drive massive global adoption of cryptocurrencies, while also potentially threatening mass global adoption of cryptocurrencies.
Our goal by the end of this video series is for us to understand the traditional financial system’s relationship with the cryptocurrency market, and if a crypto collapse can happen, how and when it could happen, and what we can do to protect ourselves as investors in the space.
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======== VIDEO SUMMARY ========
00:00 – Introduction
01:16 – The Structure of the Cryptocurrency Market
02:24 – What are Stablecoins?
04:04 – What is Liquidity?
05:01 – What is Tether?
06:40 – Tether’s Scandals
09:10 – Tether’s Underlying Reserve Assets
15:16 – Lack of Stablecoin Regulations
17:01 – User Agreements Regarding Stablecoins on Exchanges
19:27 – No FDIC Insurance on Stablecoins
20:40 – Stablecoin Auditors
21:23 – Stablecoin Underlying Reserve Asset Valuations
22:37 – Outro
======== LINKS TO ACCESS SITES SAFELY ========
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======== ESSENTIAL CRYPTO RESOURCES ========
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ProtonMail Link –
======== SOCIAL MEDIA LINKS ========
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version