Inside Web3

What is a Stablecoin?


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Skeptical investors and even Governments have been drawn to a sub-class of Cryptocurrencies, called Stablecoins. Last year China banned Crypto altogether, and then launched their own Stablecoin called CNHC earlier this year. Another coin, UST became one of the biggest Stablecoins last year before it tanked within days this year, collapsing the entire market with it. What makes Stablecoins different from Bitcoin and Ethereum, how do they work, and are they THAT stable? Dan Roberts from Decrypt joins Shira to help break it all down. 

Plus, while many senior citizens have barely made their way into Web2 by creating social media profiles and reconnecting with loved ones, 61-year-old Sandra Abrams is already bringing Seniors into Web3 through her platform called OnBoard60. Sandra shares her journey into Web3, and how she's able to bring others with her. 

Last but not least, Zack Guzman made headlines this summer when he secured an interview with Do Kwon, creator of the Stablecoin UST, who had been silent for months after his coin destroyed the life savings of many. Now, Zack is launching a Web3 media platform called Trustless - a co-op owned media property that is run by the same community it's designed for. The community decides on the content, and will share in the rewards as the media property grows. 

00:01 - Welcome

00:40 - Weekly Headlines

5:00 - Sandra Abrams Onboard60 - Web3 benefits for Senior Citizens

12:00 - Dan Roberts Decrypt Media - What are Stablecoins, and can they be trusted?? 

20:33 - Zack Guzman Coinage + Trustless Media - Creating a Community Owned Media Platform 

 

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Inside Web3By Audacy