Good for Tether USDT and Bad for all the Tether FUDsters

Paolo Ardoino expressed:  Countries, after having laughed at Bitcoin for last 12 years, are starting to get exposure to SATs.  Recent geopolitical instability might accelerate the corn rush.

Community Response:  Are you telling us that Russia is going to revoke the dollar and use Bitcoin now?

Sure, crypto will stay correlated to other risk-on assets. But it’s still a very new asset class with newer properties. Are we 100% sure that BTC will not rise as the last resort in doomsday?

Next level: individuals, after having laughed at #Tether for last 8 years, are starting to get exposure.  Recent geopolitical instability might accelerate the corn rush via Tether (USDT).

First, they ignore you then they attack you and in the mean time they accumulate, then they adopt you.

Community about the recovered Bitcoin that got seized by the US Government:

Really happy a majority of the funds have been recovered. If you receive the recovered BTC please do the right thing and pay the victims in BTC for the 36% you took out of our accounts. The token you issued really can’t be compared to BTCs performance.

How do you return this to US customers that were removed platform years ago? In 2016 customers were refunded.  These bitcoins belong to Bitfinex as they refunded all the lost money to the customers.

Is the govt. going to keep the funds or give it back to you? Are you going to keep the funds or give them back to their owners?

This shows the difference between the limitations between the private entities and the govt in terms of investigating lost cryptos because govt can use its vast intelligence gathering machines for such purpose.

There are probably other people standing behind this hack so It’s now that easy to hack Bitfinex.

“Financial crime strikes at the core of our national and economic security. With a hack of this magnitude, public and private sector collaboration is crucial to ensure continued consumer confidence in our financial system.”

Next, the government with their spending problem tells Bitfinex that they require 3 billion to repay the taxpayer for all of their investigative services over the last 6 years.

Anyone with half a brain will realize this means BIG selling pressure is on the horizon – Look up the price of BTC in 2016 – would YOU sell your recovered coins?

So, I guess this is pretty good for Tether USDT and bad for all the Tether Fudsters.