351 sats \ 12 replies \ @davidw 8 Feb \ on: Argentina usage bitcoin
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.
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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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0 sats \ 0 replies \ @franzap 8 Feb
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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1 sat \ 6 replies \ @crrdlx OP 8 Feb
Ahh, Justin Sun. I find Tron weird.
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0 sats \ 5 replies \ @Longtermwizard 8 Feb
Why?
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0 sats \ 4 replies \ @crrdlx OP 8 Feb
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.
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0 sats \ 3 replies \ @hueso 8 Feb
Tron predates Steem.
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0 sats \ 2 replies \ @crrdlx OP 8 Feb
Not sure that's right. A quick check says Steem 2016 and Tron 2017.
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21 sats \ 1 reply \ @hueso 8 Feb
True. But definitely not a Steem fork.
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0 sats \ 0 replies \ @crrdlx OP 8 Feb
Fair enough. I guess I got confused with the private key thing. Out of curiosity I logged back into my Steemit account (been years) and saw that I'd somehow gotten a smidge of TRX from somewhere. I guess that's what confused me; I still don't understand the connection (other than Justin Sun).
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0 sats \ 0 replies \ @Longtermwizard 8 Feb
Well, the YouTube AI people is using it. I really dont know why .
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