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stable coins are a lie

Stable coins are fable coins. Peggy doesn’t want pegged coins. Heather doesn’t want Tether.

The blockchain accounts for all transactions on the network without input from fallible humans. Introduce stablecoins. Supposedly, there is a Great OZ operating a bank account that contains equal amounts of fiat dollars/oil/(insert commodity here). It doesn’t take a genius to see the failure in this system. How much is your blockchain worth? Bitcoin/Monero is …

Is bitcoin fungible?

Fungibility is Fun

Your bitcoin was used to purchase marijuana on Silk Road, sent to Mt. Gox, stolen in a $500 million dollar heist, funneled through Localbitcoins, and now you ‘own’ it. The history of your transactions on the bitcoin blockchain is perfectly and eternally preserved for everybody to review. Deterministic wallet explorers, SPV bloom filters, chain analysis– …

Bisq DAO

BISQ, DAO, DEX and DETERMINATION

I want to use escrow when I trade. I want to use a private network with multi-signature accounts and neutral arbitrators incentivized by a decentralized autonomous organization. What am I talking about? Why does this matter? Let’s break it down. The worst part about crypto is having to move in and out of fiat dollars, …

clearwater-trust blockchain selection

What to expect from your blockchain

A blockchain selected to account for value needs to be decentralized, distributed, open source and PRIVATE. Don’t let anybody talk you out of these requirements. DECENTRALIZED: everyone agrees that one bank/government controlling your value is STUPID. DISTRIBUTED: people choose the network. The network doesn’t choose the people. The network cannot be stopped. Run a node. …