Reviews by Tushar Jain
All coin and product reviews by expert Tushar Jain.
The Gemini dollar is the best argument against the BTC as a SoV thesis.
Bitcoiners like to point to Venezuela and Turkey as nations primed for hyper-bitcoinization.
The Gemini dollar enables easier hyper-dollarization, which, at least in the short term, is more attractive to many.Full review
Not as secure and immutable as Bitcoin, nor as aggressive as Ethereum in making the platform valuable for development.
I can’t find a single interesting project building on ETC. Not one.Full review
BNB’s value is driven by more than the cash being returned to investors by Binance. BNB has tremendous utility and is used as:
- Staking token – Users who hold a significant amount of BNB get discounted fees on the exchange according to a set scheduleFull review
- Discount token – users who pay their exchange fees with BNB get a discount
- Payment token – trading fees on the Binance Chain can be paid with BNB
There will be cheap collateralized loans available with fiat coins too, Maker is not unique there. Eg: one could borrow USDC against ETH using Dharma. Therefore anonymous fiat coins are a pareto improvement to MakerDAO and DAI. Literally better in every single way.Full review
Central Bank Digital Currencies (CBDCs) are closer to reality than the market realizes & will have profound effects.
For example, the Bank of Thailand & Hong Kong Monetary Authority just completed a cross border remittance test and published the results.
CBDCs will hugely weaken the monetary sovereignty of smaller nations whose citizens will more easily access alternative nations' currencies.
As more people realize they don't have to use their own government's fiat money, this will also convert some % of them to Bitcoiners.
I expect developers will create some type of cross chain type functionality which allows "wrapped CBDCs" on other chains.
This increase in the amount of programmable digital currency will allow global competition for retail financial services aka Open Finance.
Due to CBDCs I expect that the networks focused on payments and remittances such as XRP will be seen obsolete for their stated purpose.Full review
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Research Associate at Multicoin Capital