15th March 2023 Digital Bytes

Are stablecoins safer than bank deposits? - stablecoins, whilst miss-named (as surely it would be better to call them ‘pegged’ coins), can offer a much lower risk for those who have large amounts of cash compared to leaving money in a bank. Stablecoins can provide greater transparency and security whereby removing the risk of depositors being exposed to bankers lending their cash to other people. The reality is that, once you give your cash to a bank, you become a creditor, and banks can use your money as they wish to generate returns for shareholders - not you.

Censorship resistance in cryptocurrency - in crypto, “censorship resistance” means the freedom to transact, the freedom from seizure, and the inability to change a transaction. Bitcoin is widely seen as the digital asset with the most censorship resistance but, in reality, if you use a cryptocurrency to make a transaction you are leaving a fingerprint that others are able to track and trace. Unlike cash, which is often much har…