Blockchain and Cryptocurrency

Lessons from the Terra/LUNA Collapse: Major Risks of Algorithmic Stablecoins Exposed Hey everyone, I'm a crypto veteran with several years of experience who almost got burned in the Terra/LUNA crash.

Hey, what are algorithmic stablecoins? Haha, that's an interesting question—I used to puzzle over this too. Simply put, an algorithmic stablecoin is a type of cryptocurrency designed to maintain a sta...

Hey there! What is "Proof of Reserves"? Ah, great question! I wrestled with this myself when I first got into crypto. Simply put, "Proof of Reserves" (PoR) is evidence used by cryptocurrency platforms...

Hey, that's an interesting question! About fiat-collateralized stablecoins I've used USDC for a while and researched stablecoins, so let me break it down simply.

What Market Sentiments Can Changes in Stablecoin Market Cap (Circulating Supply) Reflect? Hey! If you're new to cryptocurrency, don't worry—I'll explain this in the simplest terms.

What is Tether (USDT)? Hey there! If you're new to cryptocurrency, don't worry—I'll explain it in the simplest terms. Tether (USDT) is a "stablecoin," essentially acting like the "US dollar" of the cr...

Are Stablecoins "Investments"? Or Just a "Tool"? Hey! If you're new to cryptocurrencies, don't worry—I'll explain this in the simplest terms. Let's break down what stablecoins really are and whether t...

What Would the Current Cryptocurrency Market Look Like Without Stablecoins? Hey! I'm here to help explain this to you step by step. I'll use simple language, just like we're having a chat.

# Why Are Stablecoins Called the "Hard Currency of the Crypto World"? Hey there! If you're new to cryptocurrencies, don't worry—I'll explain this in the simplest terms.

Do You Need to Pay Management or Custody Fees for Holding Stablecoins? Hey! As a regular user new to cryptocurrencies, I'll explain this in the simplest terms.

What is a Stablecoin? Hey there! Let’s break this down simply. As a regular user, you’ve probably heard that cryptocurrencies like Bitcoin have wild price swings, right? Stablecoins were created to so...

What is the exact meaning of the term "anchoring"? Hey there! Let's talk about the term "anchoring." I'll explain it in the simplest way possible, like chatting with a friend—no need to worry about co...

What Are the Most Common Uses for Stablecoins When Purchased for the First Time by Ordinary People? Hey! If you're new to cryptocurrencies (like Bitcoin), stablecoins might sound mysterious, but they'...

What Are the Similarities and Differences Between Stablecoins and Funds in Alipay/WeChat Pay? Hey! If you're new to these concepts, don’t worry—I’ll explain in the simplest terms.

Why Are Stablecoins Called "Safe Havens" or "Cash Parking Lots"? Hey! If you're new to cryptocurrency, don't worry—I'll explain it in the simplest terms.

How Reliable Is the "Stability" of Stablecoins? Are They Truly Always Equal to $1? Hey there, newbie! You’ve probably heard of stablecoins like USDT or USDC—they’re the "steady players" in the crypto ...

If I Already Hold US Dollars, Why Do I Need USD-Pegged Stablecoins? Hey there, newbie! You already hold US dollars, so why bother with USD-pegged stablecoins like USDT or USDC? Simply put, stablecoins...

What is a stablecoin? How does it fundamentally differ from Bitcoin? A stablecoin functions like a "digital dollar"—it is a cryptocurrency designed to maintain a stable value pegged to real-world curr...

This is a brilliant "thought experiment" because it forces a head-on collision between two radically different, yet immensely powerful philosophies of value.

Bitcoin's Ultimate Contribution to Human Civilization: My Perspective Hey, I've been involved with Bitcoin for years, tracking it since 2013 when it was still a niche thing.