Since the time you follow us on Croblanc, you are beginning to be used to hear about the Youtube channel Only The SAVVY, and its viral videos that are always talked about on the web, and even beyond! That's why we decided to make an article about it, because we are sure that you will like this new video.
We propose you today to find the last video of the Youtube channel Only The SAVVY which is simply called What They’re Not Telling You About Stablecoins | Kevin O'Leary. If you liked it, don't hesitate to like the content to support the author of the video!
The video is currently in vogue on the web and could be at the top of the trends on Google's VOD platform. After it was uploaded just 30 minutes ago by the Youtube channel Only The SAVVY, many Internet users started to watch it with great interest. It is often like that on this channel which regularly publishes videos similar to the one we are talking about today.
What is convenient with the Internet is that when you have a problem with a content, you can easily contact its author to let him know. Many people have trouble contacting content creators on the internet, but on Youtube it's very simple, you just have to connect to the channel in question, and go to the "About" section to find the email address you are looking for! However, Twitter is still a very good alternative that works quite well to get in touch with a Youtuber.
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For your information, you can find below the description of the video What They’re Not Telling You About Stablecoins | Kevin O'Leary published by the Youtube channel Only The SAVVY:
DON'T BE FOOLED! Stablecoins Are Worth Trillions | Kevin O'Leary
After the epic collapse of Terra Luna and UST, stablecoins are a hot topic that no one can avoid discussing at the moment. Many pundits and analysts are questioning stablecoins, but Kevin O’Leary has a different view on it and believes stablecoins can be extremely useful, especially for international businessmen like himself. Kevin sees Terra Luna’s collapse as an experiment that went wrong, and most likely will be the end of algorithmic stablecoins, but it doesn’t mean the end of stablecoins all together. It just means we now know what doesn’t work, which will push the industry forward.
An update on the market
Earlier this week, analysts and pundits believed Bitcoin could make a push toward the uptrend, as it sat at $31,500, but retracted back to $29,723.51, which is up 3% in the past 7 days. Ethereum is trading for $1,769.24, up 2.6% in the past 7 days. The rest of the top 20 coins have maintained sideways action except for Cardano, which is decoupling from the rest of the pack as it is in the green, up 23% in the past 7 days, trading for $0.56.
In crypto news, New York released news about its mining laws. When Eric Adams took office as the New Mayor of New York City, he vowed to make NYC the Bitcoin capital of the world, which in turn would bring jobs and talent to the city and state. For the past decade, New York has ranked as one of the top states with the highest net loss migration. There’s a myriad of reasons for the net loss, which is beyond the scope of this video, but we can add ‘Proof-of-Work’ as a reason to keep new residents away. Lawmakers in New York just passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources, which now awaits the signature of Governor Kathy Hochul. If it passes, it would make New York the first state in the country to ban blockchain technology infrastructure. This can be a significant setback for a State that is already seeing its residents flee to locations with better employment, warmer weather, and fewer taxes