Eluc on Nostr: Tether is a corporation and they are doing what corporations do. They still had a ...
Tether is a corporation and they are doing what corporations do. They still had a positive roles in Bitcoin adoption in my opinion and seams to have learn from past mistake, with BTC and gold backed for their USDT.
If possible I would avoid using their token, which I did so far but if I do need to I would probably prefer them over USDC or other algorythmic stablecoin waiting to collapse.
They are not perfect but others might be much worse. Pick your poison.
Published at
2024-06-28 15:00:05Event JSON
{
"id": "00c105d190f5f4bc7d9eb74c0dddd0bc91296bd4b1c3b4c103602d940f6a3564",
"pubkey": "cf7ad05f8e99de8eadbbfbd5ca1c0f9b75499bce07074966b277688ca5e1d726",
"created_at": 1719579605,
"kind": 1,
"tags": [
[
"e",
"50deb075c8b0fdcd271fef270e57f5c53ebcf3c4cc93fbefb0748f27ccd4d2b4",
"",
"root"
],
[
"p",
"38b07a31f3b23dbeb9f59deb7bec5b993173fb4022206980f3809d0b68abf959"
]
],
"content": "Tether is a corporation and they are doing what corporations do. They still had a positive roles in Bitcoin adoption in my opinion and seams to have learn from past mistake, with BTC and gold backed for their USDT.\n\nIf possible I would avoid using their token, which I did so far but if I do need to I would probably prefer them over USDC or other algorythmic stablecoin waiting to collapse.\n\nThey are not perfect but others might be much worse. Pick your poison.",
"sig": "3da85b9cb0cf32f8bb75faad94d67d520002a273215de39c7c7a77bb7e2ca19bd151fb9cbd00bee46326876eaebfc0c133520c5738382a9a78fac0127d2f5399"
}
