3 ms·
Put dollars into your mattress then. That's more secure. The value should be denominated in USD anyway, but in many cases isn't. Often the price is listed as BT
by martin8412 3y ago
Put dollars into your mattress then. That's more secure. The value should be denominated in USD anyway, but in many cases isn't. Often the price is listed as BTC/USDT with USDT being yet another shady enterprise where part of the financial backing is from the value of BTC.
- pfisch 3y agoLots of countries have capital controls that make it hard to get access to dollars. Especially countries with high inflation. Why are you talking about usdt? The price of usdt has always been the same as usd and no one is forced to use usdt. This seems irrelevant.
- owlbite 3y agoWell apart from when the 15 or so times in the past few years where the value of usdt wasn't the same as usd... https://protos.com/history-of-tethers-peg-every-time-usdt-traded-above-or-below-one-dollar/ https://protos.com/history-of-tethers-peg-every-time-usdt-tr...
- pfisch 3y agoThis just isn't super relevant to the discussion. Tether is a scam, ok, I think everyone agrees about that. So don't use it.