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It’s kind of ridiculous to say but a lot of people are using Tether on Tron these days. See link here.
It’s insecure as hell, but cheap and a way to get in and out of dollars quickly.
264 sats \ 1 reply \ @hueso 8 Feb
Can confirm. Buenos Aires is a big bitcoiner hub since the early days but the USDT/TRX nested scam has become wildly popular here. Even with 200% inflation the normies are reluctant to buy BTC and prefer StAbLeCoInS.
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Also confirm. Sad. And lots of people who bought BTC still keep them on Binance
Ask any cueva to trade BTC/ARS and they will turn it down... although I understand their margins are super low so any volatily in USD terms is risky for them
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10 sats \ 1 reply \ @franzap 8 Feb
It's even worse: Tether on Tron on Binance
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23 sats \ 0 replies \ @hueso 8 Feb
LOL true. Remeber Binance was one of the main sponsors of the national football team and the national league was renamed "Torneo Binance" during the last 2 years.
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Ahh, Justin Sun. I find Tron weird.
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I haven't looked at it in over a year, but the content is one thing. Perhaps it's a cultural difference. Also, I had a Steemit account, then Justin Sun tried to take it over (and did) and nearly everyone on Steemit forked over to the Hive blockchain (which I like). In the process, somewhere, Tron emerged. I assume it's a fork of Steemit, because ultimately Steemit and Tron and Hive private keys were all identical which is not healthy.
Well, the YouTube AI people is using it. I really dont know why .
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