
Bitcoins and Blockchains: Cryptocurrency Explained
5 Live Science Podcast
00:00
The Risks of Buying Tethers
Tether is used by a lot of offshore exchanges in the decentralized finance world, where it's really being used as a proxy for the US dollar. It sounds very meta and multifaceted getting into the different levels. Facebook proposed to have a sort of Facebook based money used by maybe two billion people in the world. They said they were going to do it in 2020 then they said it'd be 2021.
Transcript
Play full episode