What Are Vesting Schedules in Cryptocurrency?? https://www.youtube.com/watch?v=TRfQihNwQ6Q Unfortunately, it seems like we are constantly hearing about "pump and dump" scams in cryptocurrency where a project will create a token out of thin air and promise that it will change the world, empower the poor, and bank the unbanked. With no intention of actually delivering on these promises, the founders offload their cryptocurrency to unwary buyers and they enrich themselves while…
Fractional Reserve Banking - What is it?? https://www.youtube.com/watch?v=8DfPcSj-NtM If you're new to cryptocurrency, you may occasionally hear the term "fractional reserve banking" used negatively. Even if you don't understand what fractional reserve baking is, the ominous tone of the podcaster's voice clearly lets you know that crypto is the answer and solution to the dreaded fractional reserve banking. But why is fractional reserve banking so bad? How did fractional…
Liquidity, Order Books, and Binance - Crypto Basics https://www.youtube.com/watch?v=-gfty5v4LQc Cryptocurrency exchange Binance recently grabbed the news headlines with the announcement that it will automatically convert users' USDP, USDC, and TUSD stablecoins into Binance's proprietary BUSD stablecoin. Critics alleged that Binance was trying to gain an advantage over its competitors that issued the other stablecoins. However, Binance officially maintains that the move to…
No Free Lunch - Comparing Crypto Transaction Fee Models https://www.youtube.com/watch?v=RhZUs6yYGkw Why do some cryptocurrencies charge users high transaction fees to use the blockchain while other cryptocurrencies are "gas-free cryptocurrencies" that don't charge fees for each transaction? Are some cryptocurrencies greedier than others, or could there be a legitimate reason for transaction fees? Join me in today's video as we discuss why transaction fees are necessary and…
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