0 sats \ 6 replies \ @moon 4 Jul 2022 \ on: Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns bitcoin
the fact that some bitcoiners trust USDT is beyond me
write
preview
0 sats \ 5 replies \ @notgeld OP 4 Jul 2022
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.
reply
0 sats \ 4 replies \ @moon 4 Jul 2022
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.
reply
1 sat \ 3 replies \ @notgeld OP 4 Jul 2022
My point is if you don't like USDT use USDC.
reply
0 sats \ 1 reply \ @sp 4 Jul 2022
Isn’t USDC capable to block/kill specific wallets?
reply
0 sats \ 0 replies \ @notgeld OP 5 Jul 2022
Yes. So tether does.
reply
0 sats \ 0 replies \ @moon 4 Jul 2022
Yeah I think it's a better option
reply