The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin cover image

CBP Classics - Doomberg (2022)

The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin

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Is Us D C a Better Stable Coin?

Domberg: I was really dismayed to see that arrest. It's clear that privacy is, like you mentioned, a higher priority for for the regulatory powers that be. We sort of call it a digital currency, perpetual motion machine. And so if the backing of tether, at least partially is bit coin, and then the issuance of tether is affecting the price of bit coin, you can see where one might imagine. An earlier version of this article incorrectly stated that we d c had been backed by us dollars in a bank. In fact, an outfit known as Oachette Bank backs its coins with commercial paper backed by additional currencies such as Caudle or Swiss francs.

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