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Should you try USDTea technology or leaf it alone?

Posted on June 6, 2022 at 02:43 CDT by B. Livingston • Comment in the Forums

PUBLIC DEFENDER

By Brian Livingston

A new cryptocurrency that trades on the Ethereum blockchain — USDTea — promises to maintain a stable value equivalent to $1.00 essentially forever. But is it a scam, a joke, or a new kind of technology that you could actually put to use in your own life?

At first glance, it would be easy to assume that any new crypto coin is a con game. After all, 81% of initial coin offerings were found to be outright scams — that is, the promoters disappeared with all the money that eager investors poured in, according to a 2018 study by Satis Group LLC.

Read the full story in our Plus Newsletter (19.23.0, 2022-06-06).

AskWoody Plus Newsletter, Public Defender AskWoody Plus Newsletter, Cryptocurrency, Fintech, Public Defender, safety
How to tell whether a fintech app such as Chime is a scam

Posted on July 19, 2021 at 02:44 CDT by B. Livingston • Comment in the Forums

PUBLIC DEFENDER

By Brian Livingston

We’ve recently seen an explosion of activity in the field of fintech — financial technology — which is causing ripples in the old-school world of banking and Wall Street.

The most-downloaded fintech app in the first six months of 2021, according to data firm Apptopia, belonged to Chime Financial, Inc., a seven-year-old, San Francisco–based unicorn that’s a darling of Silicon Valley venture capitalists.

Read the full story in the AskWoody Plus Newsletter 18.27.0 (2021-07-19).

AskWoody Plus Newsletter, Public Defender AskWoody Plus Newsletter, Banking, Fintech, security

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Should you try USDTea technology or leaf it alone?

How to tell whether a fintech app such as Chime is a scam

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Should you try USDTea technology or leaf it alone?

How to tell whether a fintech app such as Chime is a scam

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