Damus
ODELL profile picture
ODELL
@ODELL
millions will use tether until the inevitable cruise missle, rug, or shotgun kyc happens

they will learn an expensive lesson on why bitcoin is valuable - the most effective way to understand trusted third party risk is to get burned by one

tether usage -> tether blow up -> bitcoin standard
4720❤️55🤙57💜4❤️2🧡21
Jer · 134w
Preach on, CAPS.
Matthew D · 134w
I struggle with this for all of the classic humanitarian reasons McCormack talks about. Also, tether paradoxically acts as a marginal buyer of USTs as the debt backed system has to expand more. So they've developed this position where currently they find themselves acting as a bridge from the old sy...
MattA · 134w
GM 🤙🏽☕️☀️ & always be cautious who you attach yourself to… https://image.nostr.build/e2b153e293f6b3cb0b1059e32e94da8c87b1bdf875fc33a6680391db2b399826.gif
nobody · 134w
Gm, still hoping to make my way to bitcoin park someday
nostrich · 134w
The
captjack 🏴‍☠️✨💜 · 134w
correct Bitfinex Tether or Paolo is NOT risk (middleman) risk is US* - Ultimate issuer "FED" introduce new law void collateral default / inflate force licensing / bring charges /... anything unthinkable now they did that to PAXOS n others
⚡₿it₿y₿it⚡ · 134w
Even for Bitcoin maxis out of the American bubble, USDT is sadly the only and easiest way to fight inflation in the short term.
Man Like Kweks · 134w
WE STACK WE STAY HUMBLE
bitcoin.rocks · 134w
I am waiting for the USG to freeze Tether's bond holdings if they ever step out of line 🥶
Forrest · 134w
Tether is a shitcoin 🫡
Coffee ☕ · 134w
Yesterday i got myself in an argument with friends, they think that the thriving "crypto" will be, the one that integrates faster with the financial system..... Ohhhhh boy it was a long night
nerva · 134w
Unfortunately, they will learn the hard way
Marinatin · 134w
Millions will self custody till the man says you can only custody with one of our approved bolshevik banking cartel custodians…ESPECIALLY for your qualified accounts (Same rules as PMs). Short stackers will cave as they slowly bleed out. Naive No-KYC stackers will think they can live in a black ma...
Financial Parasites · 134w
Mandibles then #bitcoin standard.
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 standard, the bitcoin standard, they still need a digital dollar in the interim. Knowing that fiat is a s...
MF_HODL · 134w
There are many shitcoins (and fiat-as-shitcoins) yet to come and go, in the path to #Bitcoin
josh · 134w
🤙
cuban · 134w
Those who have enough technical know how to use tether will feel the most rugged by #btc appreciating rapidly. They were one degree away from real money and they chose a gov copy shitcoin instead.
DRE · 134w
Or they will find the next US dollar stable coin if they can’t het physical dollar because they need to pay bills in the present and can’t afford bitcoin’s volatility. As Pedro would say