Podcast appearances and mentions of nevin freeman

In this episode, Reserve Protocol Co-founder, Nevin Freeman joins us to discuss algorithmic stablecoins. Reserve is a permissionless platform for launching and governing 1:1 asset-backed stable currencies. Nevin explains the initial idea behind algorithmic stablecoins and goes into why the flaws in the Terra stablecoin's design, leading to its crash, should have been obvious from the design stage. We also discuss the future of the dollar and why designing a sound stablecoin requires some compromise. 

In this episode I talk with Nevin Freeman about the potential of cryptocurrencies as reserve currencies.

Esta es la tercera parte de la historia de Gabo Jiménez, hoy COO de Reserve y creador de la crypto moneda "El Petro". Nos quedamos en la última parte de la historia, donde detrás de los rusos, las champañas y las modelos se escondía una gran estafa y un secuestro; por parte del gobierno, de las ideas y la libertad física de Gabo. Conversamos como la cárcel era el silencio y su única salida: obedecer en contra de su voluntad todas las condiciones que le iban poniendo.Hablamos de las secuelas que le generó este conflicto y como el castillo de naipes de su vida se iba cayendo uno tras otro, para terminar perdiendo lo que nunca se imaginó. Cerramos con su exilio de Venezuela, donde cuenta cómo logra superar la depresión, reinventarse financieramente y a pesar de las adversidades sacar adelante una nueva app global de la mano de Nevin Freeman, Fundador y CEO de Reserve. Visítanos en https://www.elmartinez.net/ y suscríbete en Spotify, Apple Podcasts o donde lo estés oyendo ahora. Síguenos en FB o IG @elmartinezpodcast Hosted on Acast. See acast.com/privacy for more information.

In this episode of Empire, Jason is joined by Nevin Freeman, Co-Founder & CEO of Reserve. Nevin set out to create Reserve as a way to protect individuals from currency destroying hyperinflation, providing access to a stable currency and financial services. Jason & Nevin discuss how having access to a stable currency is a human right, challenges of creating a stablecoin, hyperinflation, developments in the cryptocurrency industry & much more. -- Avalanche: Thank you to Avalanche for sponsoring Empire. Avalanche is one of the best and fastest growing smart-contract platforms in the industry. Learn more about them at https://www.avax.network/ -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap's state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/

The Reserve project is on a mission to provide every person in the world access to stable currency. They are working to rebuild financial services in countries such as Argentina and Venezuela, that have suffered from high inflation and ongoing currency devaluation. The protocol is designed to host a completely decentralized stablecoin that can not be manipulated by governments, with an end goal of a fully self-sustainable platform with decentralized governance and developments.We were joined by Co-founder & CEO, Nevin Freeman, to chat about Reserve's focus in Latin America, their support of activism, and the road ahead for the project.Topics covered in this episode:Nevin's background and how he got into cryptoWhat is Reserve and what is the problem it's solvingHow do they get around regulatory pushbacks in Latin AmericaThe main components of the Reserve system - RSV and RSRTackling high gas feesReserve's go to market strategy and why the focus on Latin AmericaWhy Reserve encourage's activismReserve's goal to eradicate hyperinflationThe connection with Peter Tiel (Paypal)The Reserve business modelEpisode links:ReserveReserve on TwitterNevin on TwitterSponsors:Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusoneParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage - paraswap.io/epicenterThis episode is hosted by Brian Fabian Crain & Sebastien Couture. Show notes and listening options: epicenter.tv/411

Our 1st return guest, the head honcho himself, co-founder and CEO of Reserve... Nevin Freeman! (@nnevvinn) Nevin discusses updates and the current status of the project as a whole, usage figures, marketing campaign, team composition, decentralized governance, and introduces the new look Reserve protocol. Definitely a can't miss episode sponsored by ErniesReserveStore.com Find us on Instagram: @InReservePod, @RsrErnie Unofficial Reserve Protocol Discord Channel Invite: https://discord.gg/drguscv Donations Greatly Appreciated To Keep Podcast Running: $RSR: 0x615b009e611831332E70c5e2F30Fb408B71349db $BTC: bc1q6m0zzr578q3nel92s5yc5e6gnmlgtnllfyyyzg --- Send in a voice message: https://anchor.fm/reserveprotocolpodcast/message

In this episode, we have the one and only Niamh back on the podcast to chat about Reserve (RSR/RSV) as a run-up to our episode with Nevin Freeman on Saturday. This is an awesome discussion with Niamh about how she feels about the upcoming releases and what her views are on them. We discuss:0:00 Intro5:00 – Stablecoin, A human right18.30 – Stealth mode24:41 – Sponsor25:59 – Nevin39:39 – What is Mainnet? Sign the petition here: https://www.gopetition.com/petitions/ask-the-united-nations-to-recognize-the-access-to-a-stable-currency-as-a-human-right.htmlFind out more and join our discord community here: https://launchpass.com/crypto-standard/member  Social LinksTwitter - https://twitter.com/NoCrypticCryptoInstagram - https://www.instagram.com/crypto.standard/Niamh Twitter handle - @sweetsinner3 Open your own Zumo account at – http://short.zumo.money/zumo-app-downloadIf you have any questions at all, please contact us at hello@crypto-standard.co.uk or reach out to us on social media as we would love to help. Please remember we are not financial advisors and nothing in the podcast is advice, we are just trying to educate you on the world of crypto. If you like the podcast, we would really appreciate it if you could leave us a review. Thank you and see you for the next episode.

OPINIONES DE PAGNI, LEUCO, MARIO NEGRI, ROGELIO FRIGERIO, LUCIANO LASPINA, ENTRE OTROS. Mientras el mundo entero en los últimos años se volcó a las criptomonedas como una vía sofisticada para invertir, ahorrar, pagar y mover dinero en paralelo a la banca tradicional y a las reglas de los gobiernos, un proyecto se desarrolló pensando en el otro extremo del sistema: los que simplemente necesitan vivir con una moneda sin inflación. La criptomoneda en cuestión se llama Reserve, fue creada en 2019 y tiene gran desarrollo en Venezuela, donde la inflación fue del 19% solo en el mes de julio. El segundo mercado para expandirse, naturalmente, es la Argentina. El tercero, según anticipan, es Líbano. Reserve es una stablecoin atada al dólar, es decir, una critpomoneda cuyo valor sigue al de la moneda estadounidense y por ello no tiene la volatilidad de otras como el Bitcoin o Ether. Pero además su uso viene atado a una app que permite hacer pagos, aún por pequeñas compras en comercios. “Lo que nos diferencia de otras criptomonedas estables es que no apuntamos al público inversor ni al público mas sofisticado en cuanto a las criptomonedas, sino que tratamos de ir a la gente de a pie. Procuramos darle una herramienta a la gente para su vida cotidiana”, señalo a Infobae el cofundador y CEO de Reserve, Nevin Freeman. “En Argentina hay mucho interés por este tipo de herramientas. Queremos expandirlo a un público mas amplio, que todos puedan usar estas tecnologías para transacciones de la vida cotidiana. Una alternativa más para poder ahorrar, ir al supermercado, a la farmacia, o pagar cualquier tipo de servicio” (Nevin Freeman) Si bien ya puede comprarse a través de Binance o de otros exchange, Freeman anticipa un desembarco comercial fuerte de Reserve al país en el corto plazo, con el expertise de la hiperinflacionaria Venezuela. Allí, Reserve es aceptada para hacer pagos en supermercados, pequeños comercios y hasta en aplicaciones del estilo Uber o Rappi, como una forma de esquivar el drama de usar dinero en efectivo en el que hace falta una gran cantidad de billetes para una compra pequeña. El próximo 1° de octubre, Venezuela le quitará seis ceros al bolívar, tal como ocurriese en otros tiempos en la Argentina. Reserve también es utilizada para darle valor de dólar a los devaluados bolívares y para facilitar las remesas con los 5 millones de venezolanos que viven fuera del país. Sin los extremos de la economía venezolana, en Reserve vieron en la Argentina un destino obligado para su expansión, aún cuando otros mercados, como México o Brasil, hubieran sido más rentables. “En Argentina hay mucho interés por este tipo de herramientas y por el espacio cripto. Queremos expandirlo a un público mas amplio, que todos puedan usar estas tecnologías para transacciones de la vida cotidiana. Una alternativa más para poder ahorrar, ir al supermercado, a la farmacia, o pagar cualquier tipo de servicio”, señaló Freeman.

On this special edition of the podcast, we have been given the audio file from the Reserve team of the latest AMA (Ask Me Anything) with Nevin Freeman. A MUST LISTEN for any Reserve fan. Tons of great content about the progress made and what the future holds. Really rare to see Nevin this openly optimistic about anything. Find us on Instagram: @InReservePod, @RsrErnie Unofficial Reserve Protocol Discord Channel Invite: https://discord.gg/drguscv Donations Greatly Appreciated To Keep Podcast Running: $RSR: 0x615b009e611831332E70c5e2F30Fb408B71349db $BTC: bc1q6m0zzr578q3nel92s5yc5e6gnmlgtnllfyyyzg --- Send in a voice message: https://anchor.fm/reserveprotocolpodcast/message

Our 3rd guest, the head honcho himself, co-founder and CEO of Reserve... Nevin Freeman! (@nnevvinn) Nevin discusses his personal life outside of crypto, the origin story of Reserve, and some of the more exciting developments of Reserve currently happening. Definitely a can't miss episode sponsored by Recursyv.com and JoeAndKit.com Find us on Instagram: @InReservePod, @RsrErnie Unofficial Reserve Protocol Discord Channel Invite: https://discord.gg/drguscv Donations Greatly Appreciated To Keep Podcast Running: $RSR: 0x615b009e611831332E70c5e2F30Fb408B71349db $BTC: bc1q6m0zzr578q3nel92s5yc5e6gnmlgtnllfyyyzg --- Send in a voice message: https://anchor.fm/reserveprotocolpodcast/message

Ian Balina is an influential Blockchain and Cryptocurrency Investor, Advisor, and Evangelist. He has appeared in The Wall Street Journal, Forbes, CNBC, Huffington Post, The Street, INC and Entrepreneur Magazine for his work in analytics, cryptocurrencies, and entrepreneurship. A former Analytics Evangelist at IBM, Ian has brought a data-driven, “money-ball” approach to investing in cryptocurrency token sales (ICOs), called “Token Metrics”. Ian is a founder and General Partner at 100X Advisors and currently advises MetaHash, Phantasma Protocol, Nucleus Vision, and Pareto Networks. In addition to being the first Global Titan Ambassador for KuCoin Cryptocurrency exchange. Disclosures: ianbalina.com/pages/transparency Join My Telegram Mastermind: ianbalina.com/mastermind Website: ianbalina.com Store: ianbalina.com/store 100X Advisors: 100xadvisors.com/ Instagram: www.instagram.com/diaryofamad... Twitter: twitter.com/diaryofamademan Snapchat: www.snapchat.com/add/diaryofa... Steemit: steemit.com/@ianbalina

Nevin Freeman is the Co-Founder of Reserve. In this conversation, we discuss stablecoins, the future of crypto currencies, and the current challenges with crypto as a store of value. ----- Curious about Cryptocurrency but don’t know where to begin? Storm Play is a free and fun way to start earning in exchange for you time. Simply download, register and discover microtasks that meet your interests and be rewarded with Storm Bolts. These Bolts can then be converted and withdrawn into your favorite cryptocurrency, including Storm Token, Ethereum (ETH) and Bitcoin (BTC.).  Earn cryptocurrency rewards by playing new games and trying out cool products! Download the app to start earning crypto here! https://bit.ly/30pSxh9 (Available for iOS and Android). ----- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io

The Reserve Protocol This story about a stablecoin project called the Reserve Protocol is far different from most stablecoin projects you've heard of. Reserve's approach is to solve one of humanity's greatest challenges by creating an ethical and stable currency without government control. Combatting corruption of governments or central banks while protecting against hyperinflation are just a few of the driving forces behind this project. I really enjoyed speaking with Nevin Freeman, Cofounder and CEO of the Reserve Protocol. Specifically, what really drew me to this project were the positive things that I noticed about the brand. I don't remember the last time I saw a blockchain or crypto company with a whole webpage dedicate to ethics. Nevin and I get to connect over the inspiration and motivation to take on a project of this magnitude. We take a bit of a deep dive into his background growing up and his desire to solve problems for humans across the globe.  Reserve Ethics Today there is a severe lack of transparency and trust in many of the world’s monetary systems. Hundreds of millions of people live in countries without stable currencies, resulting in dramatic losses of wealth. This inability to effectively protect savings prevents people from planning for the future and bettering themselves. The world needs a stable, global, digital currency that gives people autonomy and control of their money. This is not your typical cryptocurrency company or ICO. This team has a huge vision and the resume to back it up. They have more investors listed on their website than they have employees. This is not a measure of future success, but what it shows is people love solving problems and money is one of them. I hope a stablecoin solution emerges soon. Enjoy the show. Some of the things you'll learn in this episode: When will the Reserve Protocol launch? Who is their target market and audience? What the is plan to penetrate these markets? Would the Reserve Protocol been able to help with issues like the "US Government Shutdown"? How does Quantitative Easing devalue your savings? Can the use of a stablecoin protocol like Reserve really incentivize better ethical engagements?   Further Reading and Resources LinkedIn - Nevin Freeman Twitter - Nevin Freeman Facebook - Nevin Freeman Website - Reserve.org Telegram - Reserve Protocol Twitter - Reserve Protocol Facebook - Reserve Protocol

Lauded as the most anticipated panel at the summit, this panel features speakers from Maker and Reserve, two of the most well known decentralized stablecoin teams, and Circle, one of the most prominent fiat-crypto stablecoins in the market. Presenters include Nevin Freeman, the CEO and Co-Founder of Reserve, a full-stack open currency; Steve Becker, the President & COO of MakerDAO, a decentralized autonomous organization on the Ethereum blockchain that seeks to minimize the price volatility of its own token, the Dai, against the IMF’s international currency basket SDR; Vishal Gupta, the Head of Business Development and Partnerships at Circle; and Kyle Samani of Multicoin Capital.

Nevin Freeman, CEO of The Reserve is going to be on the show but I wanted to rap a little bit about Stablecoins. 2019 I think is going to be the year of the Stablecoin. So amazing how fiat is running to crypto. Check out our sponsors as well https://coinseed.app.link/cryptocentz Please click, suscribe and review us on itunes, google play music, iheart radio and now youtube at https://www.youtube.com/channel/UCnWo--PtvI5-WRfxYjhLTLg Encrypted Apparel as one of our show sponsors. Encrypted Apparel is an amazing fashionable line of shirts that are inspired by cryptocurrency. Use the link wearencrypted.com and the coupon code CRYPTOCENTZ to receive 10% off your purchase. To purchase the book, please go over to the links below. Check out B is for Bitcoin Book that is changing the game on the education of crypto for kids and adults Amazon.com: https://www.amazon.com/B-Bitcoin-Graeme-Moore/dp/1999411102 --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/cryptocentzpodcast/message Support this podcast: https://anchor.fm/cryptocentzpodcast/support

An interview with Nevin Freeman, Co-Founder of Reserve. Tune-in to find out more about Reserve and how important stablecoins are for crypto adoption.

Hosted by Enigma's Head of Growth Tor Bair, our sixth episode features Nevin Freeman from Reserve Protocol. Nevin is the co-founder of Reserve, which is producing a stablecoin pegged to the US Dollar. Stablecoins have become a hot topic of conversation around the decentralization space as more and more stablecoins have recently launched  -  but due to their complexity and novelty, stablecoins remain poorly understood. On this episode, Nevin and Tor talk about how stablecoins are critical to the adoption of blockchain technology, what growth looks like for a successful stablecoin, and what stablecoins can enable in a decentralized world. Enigma's new podcast "Decentralize This!" features guests from all over the decentralization space: developers, investors, entrepreneurs, researchers, writers, artists, people in government and enterprise - all individuals who care deeply about building a more decentralized and sustainable world. How can all these people with different perspectives collaborate to create and scale the technologies we need to shape a better future? ---- Relevant links: Reserve Protocol: https://www.reserveprotocol.com MakerDAO Analysis: https://medium.com/reserve-currency/our-analysis-of-the-makerdao-protocol-4a9872c1a824 Enigma: www.enigma.co Enigma Blog: blog.enigma.co Enigma Twitter: www.twitter.com/enigmampc

Car sits down and talks with Nevin Freeman, CoFounder and CEO of Reserve Reserve is building a universal store of value. We believe that everyone’s money should be secure. Billions of people around the world don't have a safe place to store their money. Banks can't be trusted, and governments inflate their own currency to pay off debts, hurting citizens in the process. Our mission at Reserve is to change that. Reserve is a stable, decentralized currency that can’t be abused by a government. Reserve is globally distributed outside of anyone’s control, making it impossible to shut down. Reserve: https://www.reserve.org/

If there’s one word that has characterized cryptocurrency, it’s volatility. And it’s a good reason to make the case of stablecoins. What exactly is a stablecoin, why do we have them and how do they work within the blockchain ecosystem? How will these coins make cryptocurrency more palatable for investors? Today we’ll explore this topic as we welcome Nevin Freeman, the CEO of Reserve.org to the show. We may be off kilter. It’s essence of being bad. But stablecoins bring hope and some degree of certainty to episode #193 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/193 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCrypto - @joelcomm - @teedubya Facebook:  /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DONATE CRYPTO TO THE SHOW: If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations:  $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ  $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328  $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr  $DOGE Dogecoin:  DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5 GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:We have an affiliate code with Coinbase.  If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto.  The Bad Crypto Podcast also gets $10 BTC, as well. Win-Win. Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone. Do your own due diligence, some people have had some customer support issues. Neither Joel nor Travis can attest to that.  If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange. Here is a list of all of the top crypto-currency exchanges.  Choose one that you like. 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. Show Edited By: Aaron The Tech (http://aaronthe.tech) Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.

Nevin Freeman, founder of the Reserve stablecoin, joins me in this episode to discuss the challenges beset stablecoin creators, and how Reserve plans to outmaneuver the issues that have plagued currency pegs since time immemorial. We also speak about the great responsibility that comes along with introducing financial technologies to some of the world's least stable communities, and how Reserve plans to improve the crypto community at large.

For this week's podcast we had the gusto of interviewing Nevin Freeman, Founder of Reserve Protocol, a stablecoin project that closed their first round of 5 million dollars from investors like Coinbase and Peter Thiel. Reserve has a team of 20 people, including Google and OpenAI veterans, and an advisory relationship with Patomak Global Advisors, led by former SEC Commissioner Paul Atkins. But it's a pretty stealthy startup, so we are excited to learn more about it today.

In Episode 50 of Hidden Forces, Demetri Kofinas speaks with Nevin Freeman, the founder of a new stable-value cryptocurrency project, about the hard problem of currency. 2018 is the year of the stablecoin, or so says Nevin Freeman, the founder of a new stable-value cryptocurrency project based in the San Francisco Bay area. In order to understand what stablecoins and how they work, we first need to understand money. In order for something to qualify as money, it has traditionally needed to function as both a store of value, and as a medium of exchange for goods and services. The medium of exchange component of money allows it to function as a vital coordination mechanism for society, allowing humans and international governments and organizations to collaborate on a massive scale. Money is thus an intrinsic part of our capitalist infrastructure and, without currency, many of our most important institutions and organizational structures would collapse. Yet, our system of money and credit is not without its share of problems. Middlemen, financial intermediaries, and other central organizations often charge exorbitant fees for their services. These same intermediaries often function as “gatekeepers,” permitting or preventing access to financial counterparities at their discretion. The mismanagement of our financial system by such institutions has become a major source of systemic risk, the brunt of which is disproportionately carried by those at the bottom of the economic pyramid. Cryptocurrencies offer a possible solution to many of the most prominent problems associated with fiat currency systems. However, there are significant roadblocks on the path to widespread adoption. As we mentioned, in order to qualify as money, a currency needs to both the medium of exchange and store of value functions. This becomes difficult to do when currency volatility can wipe out 50% of your net worth in a single day or double the cost of your company’s inputs overnight. It is no secret that crypto markets are remarkably volatile. Even the most prominent cryptocurrencies - Bitcoin and Ether - fluctuate wildly. Unfortunately, it’s impossible for a decentralized currency to function as an effective store of value if its price varies by as much as 15% on any given day and in any given direction. Even if the cryptocurrency in question were rarely to drop in price, upside volatility can create a speculative feed-back loop that discourages anyone from actually using it as a medium of exchange. Why would you pay someone’s salary in bitcoin if you expected the currency to be worth more after you sold it? In this sense, even a highly volatile asset with little downside risk that serves as a great store of value can still be a poor medium of exchange. Until cryptocurrencies are able to function as both a store of value and as a medium of exchange, they are unlikely to become truly mainstream or see real-world adoption. Yet, as previously mentioned in the case of bitcoin, a cryptocurrency’s capacity to store value directly undermines it’s use as a medium of exchange. How do we resolve this paradox? This is where stablecoins come in. They aim to solve the problems of our volatile crypto markets by establishing price-stable cryptocurrencies that are pegged to some other stable asset, for example, the US dollar. Notably, these pegs are not determined by supply and demand. Instead, stablecoins effectively “price themselves” by making a standing promise to fulfill any buy or sell order at a set price, regardless of changes in demand for the currency by market participants. In traditional currency pegs and exchange rate mechanisms, currency boards manage the value of the peg by overseeing the promise to buy or sell at a preset conversion price. So, how does a currency peg work in the case of stablecoins? Here is an overview of how the most prominent stablecoin projects on the market promise to do this today: Traditional asset-backed stablecoins: In short, under this system, each unit of the particular stablecoin is backed by a corresponding unit of fiat currency. Let’s use the US dollar as an example. According to this system, a third-party issuer sells tokens for one dollar each. The issuer then keeps all the dollars taken in from these sales in an account. If an individual holding a unit of the stablecoin wishes to cash out, the third party gives a US Dollar to the holder and removes a unit of the stablecoin. The problems with this method loom large. First, there’s the obvious fact that, at any moment, the organization or individual issuing the stablecoin can abscond with all the money that’s supposed to be in the bank account. Second, a government or other centralized organization could freeze the aforementioned account of the issuer, which would grind the project to an abrupt halt. In short, there’s a lot of risk and a lot of trust needed for this method to function properly. Collateralized Debt Stablecoins: Under this system, instead of attempting to back units of a stablecoin one-to-one with a fiat currency, the stablecoins hold a ratio greater than one-to-one of a crypto asset (or more commonly, various kinds of crypto assets). The way this works is rather simple. An individual who holds a crypto asset can deposit this asset into a smart contract, which creates a stablecoin for them.  The peg (the value of the stablecoin) is primarily maintained by the promise of future redemption for collateral if the stablecoin price diverges from the target for too long or the value of the collateral begins to drop. In either of these cases, all of the stablecoin holders can trade their coins for $1 worth of the collateralized crypto assets. In theory, speculators will step in to buy stablecoins below the target price based on this promise of future redemption and that will keep the price stable all of the time. The primary problem with this system is that that the underlying collateral is, by its very nature, volatile. As a result, in order to ensure itself against significant price drops, the system needs to hold a significant amount of collateral (often two-to-one, or even more). This is also a much more complex system, making it difficult to implement in a way that is efficient. Future Growth-Backed Stablecoins: According to this system, the value is maintained by neither fiat or cryptocurrency holdings. Instead, a central account is created that uses algorithms to maintain the stability and manage the supply of the cryptocurrency in the face of fluctuating demand. It accomplishes this by increasing the number of stablecoins when the price goes up and decreasing the number when the price goes down. The increase in stablecoin supply is meant to reduce the market price of the coin to its target level. Conversely, when the price of the stablecoin drops below its target price, the system will reduce the supply of stablecoins and increase the price of the coin so that it returns to its target level. The primary issue with this method is tied to speculators. If they happen to lose interest in purchasing or actively begin to short the stablecoin, then the peg eventually breaks because the entire mechanism becomes worthless. At the moment, it remains unclear which system, if any, will work. History has not been kind to currency boards, and the challenges of implementing a purely digital version of a currency peg has never before been tried until now. In order to better understand the nature of stablecoins, and the promise that they have, Nevin Freeman joins us for a conversation about money and the fundamental properties of currency. Ultimately, this is an exploration of how we can make cryptocurrencies a true store of value, while at the same time enabling these decentralized currencies to function as real and viable mediums of exchange. Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod