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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

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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.

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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.

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1 sat \ 3 replies \ @notgeld OP 4 Jul 2022

My point is if you don't like USDT use USDC.

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0 sats \ 1 reply \ @sp 4 Jul 2022

Isn’t USDC capable to block/kill specific wallets?

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0 sats \ 0 replies \ @notgeld OP 5 Jul 2022

Yes. So tether does.

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0 sats \ 0 replies \ @moon 4 Jul 2022

Yeah I think it's a better option

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