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251 sats \ 3 replies \ @fiatdenier 29 Jul 2023 \ on: Let's discuss El Salvador's Volcano 🌋Tokens. Here's ABSOLUTELY everything: bitcoin
Worse than Shitcoin. And you have the shit company Tether running it. Not going to end well
I thought you were @Darthcoin for a second 😊. I have some serious concerns myself. Like, if their normal sovereign bonds are trading with a significantly higher yield already, and they continue to have economic trouble, and they make a habit of prioritizing paying these before those? Or they create their own USD stablecoin (their recent digital securities law paved the way for it), and try any type of collateral games. Or bitcoin's volatility simply gets the best of them. Yeah, this whole thing can go sideways without warning.
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No is not me, but I agree with his statement: is worse than a shitcoin, is a SCAM.
ANYTHING THAT IS LINKED TO TETHER IS A FUCKING SCAM.
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True dat, brother.
At least in this version of the scam, they're going from scam money to hard money (bitcoin mining infrastructure), rather than the reverse.
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