This week we let curiosity get the best of us...

Cryptomania!

Everyone is talking about Crypto - but we cover "Tether" (USDT) as I try to convince myself that the entire system is a Ponzi scheme based on fake currency by a corrupt exchange - with a 2017 study "Is Bitcoin Really Un-Tethered", a great article "A Curious Case of Tether - Timeline of Events" and "Crypto Doomsday" which all explain the issue with Tether.

Am I just sad I didn't buy cryptocurrency early enough? I sound it!

Somehow... I bring my fear of death, once again, this time with a study that correlates death anxiety with social curiosity.

We look up some quotes on curiosity to sound smart.

This is not financial advice, as you will see when I try to describe the derivatives market.

We take some time to look at Unicorns, companies worth more than one billion before they were purchased - and some of the UK's Unicorn companies.

We finish with a look at how Bernie Madoff may be proud of the BitFinex scandal.

Tether is an interesting one. Blowing up on Twitter over the last week - we discuss the 125x bitcoin leverage on exchanges, $60 billion in "minted" Tether currencies, and how Tether has only 2.9 liquidity, how the cryptomarket relays on Tether for liquidity - with a new article that has emerged as I was recording this.

Is the Cryptocurrency market about the blow up? I didn't want to be sensationalist in the Podcast, but the entire system seems to be built on a Ponzi scheme (stablecoin USDT) - is this the Government's plan to regulate cryptocurrencies - and replace them with central bank digital currencies?

Perhaps I let my curiosity get the best of me this week....

Back to the marketing...

Pit Village Podcast.