There are a lot of questions surrounding Tether, the third largest crypto by market cap. With the collapse of UST, people want to be sure that there is liquid backing dollar for dollar behind USDT. Is the world’s biggest stablecoin too big to fail?   Today we welcome the Chief Technology Officer of Tether, Paolo Ardoino, to the show to ask these tough questions. We also discuss FTX, audits and the future of the cryptos. We’re a fairly stable podcast with unstable podcast hosts. Hopefully our guest can bring some stability to the show on episode #655 of the Bad Crypto Podcast.  Full Show Notes at: http://badco.in/655 TIME STAMPS 00:00 - Intro 03:27 - Tell us about some of your background, Paolo.  06:00 - Explain how you’re the CEO of Bitfinex and CTO of Tether 08:35 - Let’s get to the basic, birds-eye definition of Tether and how it works as a stablecoin.12:45 - How do you ensure Tether never goes down and is a supported asset?  16:00 - Tether is the number 3 in crypto marketcap. The audit of Tether is still pending release. News coverage of the release is missing. Why is the audit taking so long to be released?  20:35 - So you understand why it looks questionable to people because this is not the first time that has been something questionable has happened. 32:00 - What happens to Tether if the US Dollar loses its dominance as a global currency reserve?  35:00 - Tether Gold is an alternative to fiat stablecoins.  36:12 - We are looking for audits on USDT; where is the gold?  38:45 - Why is there such a discrepancy between the Tether Gold and the market price of gold right  now?  42:00 - Closing remarks SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY BE A FEATURED GUEST: http://badco.in/apply DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.

A long time ago in a galaxy the same as this one, pointy-headed nerds built the foundation of the Internet. One of those pointed-headed nerds was the CEO of Mozilla, a co-founder of the Firefox browser and the creator of Javascript. Today he is the creator of the Brave browser, a wonderful privacy-based alternative to Chrome and the rest of the corporate browsers. His name is Brendan Eich and today he joins us to discuss the early days of the web, the mess he helped create and how he is helping to clean it up and lead us into a decentralized web 3 world. Join us for a discussion with this Brave legend on our “pioneers get all the arrows” episode #653 of The Bad Crypto Podcast. TIME STAMPS 00:00 - Intro 03:45 - Featured Guest: Brendan Eich 11:00 - We created data tracking cookies for people to be tracked across the web. Oops.  12:15 - What was the intention with the launch of Mozilla?  16:50 - Why do users want to use Brave over other browsers? 18:30 - Brave is the best YouTube ad blocker out there.  21:24 - Google Chrome is basically its own spyware. How does Brave improve on the standard Google experience, both on the web desktop browser and mobile?  32:53 - Let’s talk about ad tech. How does Brave serve relevant advertisements if they’re not tracking users? 39:34 - What do you think is next in web3 and for Brave Browser? 44:35 - Closing Remarks FULL SHOW NOTES: http://badco.in/653  SUBSCRIBE, RATE, & REVIEW: iTunes: http://badco.in/itunesSpotify: http://badco.in/spotifyStitcher: http://badco.in/stitcherGoogle Play: http://badco.in/playSoundcloud: http://badco.in/soundcloudYouTube: http://badco.in/youtube FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCryptoPod - @TheNiftyShow - @JoelComm - @TeeDubyaFacebook:  /BadCrypto - /JoelComm - /teedubyawLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcast DISCLAIMER: Do your own due diligence and research.  Neither Joel Comm, Zach Comm nor Travis Wright are FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency.  We make NO RECOMMENDATIONS.  Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt.  You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.