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What is one's best course of action if - they believe that tether is shady and aren't interested in owning, using, participating or encouraging its existance a
by beforeolives 5y ago
What is one's best course of action if
- they believe that tether is shady and aren't interested in owning, using, participating or encouraging its existance and use
- they still want to own and use cryptocurrencies
- they like the ease of use, low fees and coin offerings on binance compared to the competition
?
- fastball 5y agoJust don't use USDT?
- wmf 5y agoYou're asking for something that is too good to be true.
- webinvest 5y agoThe main way is to just not use USDT. But here’s a creative way. Step 1) Borrow USDT (tether) somewhere. Step 2) Sell it for either a stablecoin you trust more and/or is trading below $1: Whether that’s USDC, GUSD, BUSD, DAI, PAX, or TUSD. Step 3) Wait a long time for Tether to implode. Step 4) Buy back Tether for 15 cents on the dollar to close your position. Do I recommend you do this? No, not really. It involves taking on debt. I don’t think one tether FUD article is enough material for you to base an investment decision.
- danlugo92 5y agoWhen usdt collapses. Btc will also collapse to a real price. you buy btc then but dont expect crazy gains. It will go up as fast as its adopted, but the newly found price stability will bring in wider adoption