Comments by "Magic Beans" (@Magic_beans_) on "Stablecoins Are Unstable!" video.

  1. 12:50 It was explained, as a teaser rate to draw in initial “depositors” (but not legally depositors so that when this whole thing evaporates we’re not liable). Trouble is I don’t think people got the memo. The Plain Bagel, in his “Investing TikToks Part 4” showcase, shares someone who said they were going to finance a house with income from Anchor. They seemingly expect Anchor to continue paying 19% for 30-plus years.
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