Will This Stablecoin Blow Up Next?

𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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In this video, I discuss the algorithmic stablecoin DAI, and its over-reliance on USDC collateral.

Just one phone call from OFAC to Circle would be enough to render DAI massively under-collateralized, thus causing huge liquidations in the DeFi space.

This is just another example of how DeFi is really decentralized in name only.

Only Bitcoin is built to withstand nation-state level attacks.

Not investment advice! Consult a financial advisor.

Terra Luna Buying Bitcoin Billions:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity

Is Celsius About To Implode?
https://www.youtube.com/watch?v=cBiJ_8DSnjQ&ab_channel=TraderUniversity

Tornado Cash Disaster (What Comes Next?)
https://www.youtube.com/watch?v=3iEafLAq4sQ&ab_channel=TraderUniversity

OFAC sanctions Tornado Cash:
https://home.treasury.gov/news/press-releases/jy0916

Circle freezes some USDC:
https://cointelegraph.com/news/circle-freezes-blacklisted-tornado-cash-smart-contract-addresses

Dai:
https://en.wikipedia.org/wiki/Dai_(cryptocurrency)
https://coinmarketcap.com/currencies/multi-collateral-dai/

Dai collateralization:
https://daistats.com/#/overview

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#stablecoin
#usdcoin
#defi

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