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nostrich · 134w

Agreed… Tether is a riskier USD with no compensation for the added risk. This is not how finance works. More risk = more reward USD + risk = 💩Tether 💩 As the world discovers a better stand...

ODELL @ODELL 1698593003

tether is black market usd, it is used because traditional dollar rails are heavily regulated and inaccessible in much of the world

2❤️2🤙4

nostrich · 134w

It’s not black market USD. It’s black market Chuck E. Cheese token that pepper scam pump bitcoin with

nostrich · 134w

right. This article is in Portuguese but it has a graph of volume - Brazilians have R$271 Bi of Thether versus R$171 Bi of BTC. Merchants (specially illegal industrial scale contraband often controled or associated with organized crime) need USD to pay stuff. They can not accept the risk of BTC p...