HanditoSupreme

I know where to get the dankest of mags and AK mounts, but are there any a la carte new production replacement VEPR .308 barrels or .223 Kalashnikov barrels available online?

Has been a top 10 coin all year

Makes the crypto world go 'round with its astronomical amount of trading pairs on exchanges

100% backed by Hungarian Bonds, Beanie Babies, Enron Stock, and Beyblades.

Everyone has it but doesn't want to admit it.

Hello ,

I've seen lots of PSAs pertaining to cryptocurrency here, but I'm here to share with you some basic Reddit advice I followed before I even joined the sub. I'm posting this because I have seen a few egregious violations of this advice. Do not share personal details of your life on Reddit. This goes for where you live, how many siblings you have, or where you ate for lunch today. One or two of these spread out amongst all the naughty subreddits you go too might not be a big deal, but if you make a habbit of it, scammers can make a habbit out of you.

I know this is harder on more specific subreddits. You want to share how many ETH you bought last night, that you saw Giannis at a restaurant after a Bucks game, or that your Aunt (who is a nurse) has been asking you about ETF advice, but be smarter. If it helps just post some fluff here and there, you can be from Iowa in one subreddit and New Foundland in another, but do not connect the dots of your life accross subreddits. In fact, I don't even have any cryptocurrency, I just enjoy the conversation here with you fine folk. Just be smart, and happy posting.

Folks these institutions have balance sheets, balance sheets that they examine very thoroughly 4 times a year, or quarterly. On these balance sheets every transaction is kept even those under 10k. 10,000 has been the cutoff for cash for the IRS for decades. What the IRS did this morning, was give credence to cryptocurrency.

Nobody wants Uncle Sams hands in their pockets, but hey at least Uncle Sam learned a few things over the past few years. Cryptocurrency is MONEY, and blockchain technology isn't going anywhere.

At $90,000, Bitcoin will have a larger landmass than Delaware and a greater moment of inertia than Halley's comet. At $200,000, Bitcoin will develop a poetic sensibility of over 3.2 Whitmans. If Bitcoin reaches $1M, it is anticipated that all analogies will consolidate into a single Bitcoin. This is expected to happen by the year 2030, at which point, it will no longer be possible to compare apples to oranges.

I will try to be quick, but I find stablecoins to be tremendously interesting. Here I will attempt to summarize what stablecoins are, give you a few key stablecoins to consider, and list some helpful resources which will probably give you better information than a rando like myself.

What are stablecoins?

Stablecoins are cryptocurrencies that attempt to peg their market value to some external reference. Coins like USDC, DAI, Paxos Standard, and USDT (Tether) all attempt to peg their value to the US Dollar. The 4 above examples typically do so fairly effectively, so many in the crypto realm consider these coins or tokens to be a less risky investment. Crypto Banks even offer much higher interest on stablecoins because they are less risky and can be used in lieu of dollars. This means that a portfolio invested in stablecoins is less volatile than a portfolio without. Depending on the percentage of that portfolio of course.

Okay so stablecoins won't go down with the market, but what are the risks and cons? All stablecoins are minted on another platform, primarily Ethereum (other examples include XLM, TRX, and BSC). This means that if the platform's network is compromised in someway, your stablecoins are likely to be susceptible if not compromised. However, this risk applies to any token minted on the above platforms (Uniswap, PancakeSwap, BAT). For the gamblers and Yolobois, you might also consider that stablecoins also do not go up with the market either. However, we are assuming intentions of investment, not a casino with this post.

What are some Stablecoins to Consider?

USDC: USD Coin (USDC) is a digital stablecoin that is pegged to the United States dollar and runs on the Ethereum, Stellar, Algorand, and Solana blockchains. Each USDC is backed by a dollar held in reserve, and USDC reserves are regularly attested by Grant Thornton, LLP. That's right, each USDC is backed by an actual paper dollar held in a bank.

DAI: Dai (or DAI) is a stablecoin cryptocurrency which aims to keep its value as close to one United States dollar (USD) as possible through an automated system of smart contracts on the Ethereum blockchain. Dai is maintained and regulated by MakerDAO, a decentralized autonomous organization (DAO) composed of the owners of its governance token, MKR, who may vote on changes to certain parameters in its smart contracts in order to ensure the stability of Dai. This means that the value of DAI is given by an actual pool of Ethereum that is shifted in and out of the pool according to Ethereum price and investor demand.

Paxos Standard: Paxos Standard Token (PAX) is a regulated ERC-20 stablecoin, which maintains 1:1 parity with the U.S. dollar. It was issued by the Paxos Trust Company on September 14, 2018, and is regulated by the New York State Department of Financial Services (NYDFS). For those in New York, this is the safest option to consider.

USDT: Last but not least, the most popular of them all with its first mover advantage, but the sketchiest and most risky of them all. Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued.Nevertheless, Tether Limited states that owners of tethers have no contractual right, other legal claims, or guarantee that tethers will be redeemed or exchanged for dollars.On 30 April 2019 Tether Limited's lawyer claimed that each tether was backed by only $0.74 in cash and cash equivalents. Tether was the first stablecoin to enter the market, and with first mover advantage it is paired with many other cryptocurrencies on many exchanges. This makes USDT quite useful if you trust that the value is worth 1 US Dollar. Whenever handling tether however, be aware that it is unlikely the token is actually backed by an entire dollar's worth of assets. On one hand, if we all treat USDT like a dollar, its worth a dollar. On the other, government agencies domestic and abroad might be weary of this token.

There are also stablecoins pegged to other currencies, like the Euro, British Pound, and even the Turkish Lira! I find all of these to be interesting and I'd like to see more options enter the market. However, since the global financial system tends to run on USD, the crypto market follows suit and you will find these easier to move about as things currently stand.

Stabelecoin Resources

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Other sources from my post: Wikipedia, Investopedia

I hope this was helpful to some, regular cryptos like Bitcoin and Litecoin are still fine and awesome! But stablecoins are something to seriously consider for any investor in this crazy world where things can change with a tweet.

Reddit is a place where we can share ideas with more focused conversation than IRC and Bifrost. What are we about? What do we do? Let your favorite subs like or what Rogers are all about. Thanks to it's easier than ever to share the love of Roger on Reddit with the . Try it sometime when you find a particularly inspiring post ;)

Good morning Rogers,

In the year of our Roger 2021, on the 11th day of February, it is now time to focus our energy. Every coin is pumping, with some coins having a high price and low reddit activity. I don't know what the price of Roger is, but it is high time to get SLAPPING on the latter. Perhaps we could even talk shop here, and not solely circlejerk the price. What a wonderful place this will be. What a wonderful place this already is!

Welcome Rogers of all countries, colors and creeds. Watch out for the Craigs, and happy posting.