What are Stablecoins? (Tether, MakerDAO DAI, Basecoin/Basis, Saga)
In this video, I talk about "Stablecoins" - crypto currency schemes or networks which aim to mitigate price volatility of crypto markets through a peg to traditional currencies such as the US dollar. I explore various approaches and projects including Tether, the MakerDAO DAI, Basecoin (now Basis) and Saga.
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### Links on topics mentioned ###
- Tether: https://tether.to/
- Maker DAI: https://makerdao.com/
- Basis: http://www.basis.io/
- Great overview blog post: https://hackernoon.com/an-overview-of-stablecoins-cf3fac75dcf7
- Preston Byrne's critiques: https://prestonbyrne.com/2017/10/13/basecoin-bitshares-2-electric-boogaloo/ + https://prestonbyrne.com/2018/01/11/epicaricacy/ + https://prestonbyrne.com/2018/03/22/stablecoins-are-doomed-to-fail-pt-iii-saga/
- That SAGA video with the dancing: https://www.youtube.com/watch?v=lqsRZiewk7M
Music: https://soundcloud.com/dixxy-2/dawn
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