The Gaetz Gambit
Donald Trump nominated Matt Gaetz because he is bad.
Asshole Pharma Bro is Asshole Crypto Bro - Weekly FUD
Sam Bankman-Fried is Morally Bankrupt - The Weekly FUD
Nouriel Roubini makes a coin Crypto Critic Nouriel Roubini Is Working on a Tokenized Dollar ReplacementNouriel Roubini, a blockchain basher who famously called Bitcoin “the mother of all bubbles,” is working to develop a suite of financial products including a tokenized asset intended to act as a “more resilient dollar”
Jump Crypto Sues 79 Year Old Dick - The Weekly FUD
There is never a dull moment in cryptocurrency, but unfortunately I feel compelled to open this newsletter a different way. A draft opinion leaked from the Supreme Court of the United States this week and if the opinion goes into affects it will deeply reduce reproductive rights. While you still
The FUD Letter Changes: Announcement
As Crypto Critics' Corner [https://cryptocriticscorner.com] has continued to grow and as I have experimented with this newsletter for the last several months, I no longer feel that a monthly paid report is the best way for me to follow, document, and describe the things I am most
How does MakerDAO handle 'Real World Assets'?
What is MakerDAO? MakerDAO is the protocol that distributes the Dai stablecoin. It is a ‘debt’ based stablecoin, where users are essentially extended a loan denominated in Dai that is collateralized with another asset.I have written about it previously if you want a more technical discussion of how it
Is Reflexer/Rai a stablecoin?
What is Rai? Reflexer Labs (the folks who are behind Rai) describe Rai as a “decentralized and non-pegged stablecoin that defies fiat currencies”. This seems counter-intuitive for most definitions of stablecoins, as they are nearly always pegged to a fiat currency. This is true for “money market” style coins like
Is Olympus DAO a Ponzi?
One of the most common claims you will hear on Twitter about Olympus DAO or any of its innumerable forks is that it is a Ponzi. As someone with strong opinions on Ponzis [https://cryptocriticscorner.com/2021/12/17/episode-38-the-world-is-a-ponzi-scheme-you-just-live-in-it/] , I wanted to take a deep look to try to
Is Terra Stable?
TerraUSD (called Terra for the remainder of this post) is a stablecoin pegged to the US Dollar. Since the only thing that matters for a stablecoin is how well it can maintain its peg regardless of the conditions, I will attempt to assess whether or not the design of Terra
Why do people think Craig Steven Wright is Satoshi
People want there to be a hero who can light a path out of the darkness, and Craig Steven Wright has repeatedly claimed to be that hero and the only one who can carry that light. However, when his claims are met with even a modicum of skepticism or probing,