Recent content by anotherDev

Do it in Greece and get yourself in trouble.

I wonder if in Malta crypto trading is taxed under non dom or not. Anyone has experience?

Everything that I am writing is based on last year's Usdc incident. You sadly only get spending power for couple minutes. Then haircut is inevitable and depending on how big the loss event is the bigger the haircut. At the end of the day if the spending power is 20% of your capital then its...

To put into perspective once a stablecoin depegs cause of underlying value being gone you have few minutes to save your capital. Then you are instantly -20/30%. So yeah it’s liquid but you need to be always alert with your cold wallet in hand

A Stablecoin is backed by USD in a bank though. If the bank goes under the Stablecoin is useless.

Any ideas?