5 points | by xrd an hour ago
1 comments
Here is the problem:
Yes Tether is shady and shouldn't be trusted, we've known for about 10 years (see articles and comments here on HN)
But guess what, look into most banks it is probably worst and connected to Epstein. The rabbit holes don't end.
Blame the mismanagement, corruption, deficit, debt that has been going on for a long time.
You can't rely on your national currency and will be left juggling between USDT, XAUT, Bitcoin and tokenized stocks on some blockchain and apps.
It is either this type of farwest or some enforced, worthless CBDC like they might do in the EU.
Once national currencies have been destroyed by decades of mismanagement there is no good solution.
Here is the problem:
Yes Tether is shady and shouldn't be trusted, we've known for about 10 years (see articles and comments here on HN)
But guess what, look into most banks it is probably worst and connected to Epstein. The rabbit holes don't end.
Blame the mismanagement, corruption, deficit, debt that has been going on for a long time.
You can't rely on your national currency and will be left juggling between USDT, XAUT, Bitcoin and tokenized stocks on some blockchain and apps.
It is either this type of farwest or some enforced, worthless CBDC like they might do in the EU.
Once national currencies have been destroyed by decades of mismanagement there is no good solution.