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the fact that some bitcoiners trust USDT is beyond me
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But this is free market. So far stablecoins are the closest form to privately issued monies we could observe for more than 100 years of central banks domination.
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Sure, but USDT is basically an IOU for the USD issued by a shady company... so even worse than the dollar itself. There's an interesting video from Coffeezilla talking about Tether.
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My point is if you don't like USDT use USDC.
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Isn’t USDC capable to block/kill specific wallets?
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Yes. So tether does.
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Yeah I think it's a better option
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hmmm such a quick deleveraging, I wonder how that affects that tradFI market, will be interesting to see
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I started to think that they just getting rid of most risky assets while arbitraging USDT dump on markets as a result of LUNA-3AC story.
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