Good news? I don't know.
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60 sats \ 1 reply \ @freetx 1 Feb
I think its very misleading.
Shitcoiners running defi algos that are self-trading thousands of times per day
vs
People actually buying things via Visa
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10 sats \ 0 replies \ @siggy47 OP 1 Feb
Yeah. That makes sense.
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51 sats \ 0 replies \ @Car 1 Feb
it's synthetic, everything in crypto is, this is why bitcoin only, what @freetx said
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120 sats \ 0 replies \ @Satosora 1 Feb
Wait until they find a way to add fees on to them that are larger than visa cards.
Then there will be an even larger shitstorm.
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41 sats \ 2 replies \ @BlokchainB 1 Feb
I think it’s good because visa and Mastercard have become a duopoly. Bad because stablecoins can be turned off quickly which is scary to think your money can be turned off at any time
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82 sats \ 1 reply \ @siggy47 OP 1 Feb
Yes. The gov can use them as CBDC light.
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0 sats \ 0 replies \ @BlokchainB 1 Feb
Like they do with our bank accounts. I think if tether switches to using cashu and you get more privacy on your overall balances and spends the it would be a massive boost to the overall bitcoin economy.
But one thing I do like about tether is that you can stop criminals and do fact finding investigations to bring criminals to justice
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41 sats \ 0 replies \ @kepford 1 Feb
Its news, that's for sure. And I'd say its significant and will get the notice of those two parties.
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41 sats \ 0 replies \ @GhostofTruth 1 Feb
That's re-dollarization. A form of dollar colonization.
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