Altcoins News

Story: Is Tether (USDT) now a Global Giant? Volcanic-BTC is going to be the new Petro-Dollar

By Steven Anderson

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Gabor Curbas expressed:  “Tether’s commercial paper disclosure places it among global giants.”

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Paolo Ardoino expressed, more and more counterparties are comfortable with Tether and our transparency initiatives and are keen to work with us.

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Just saying.  I'm eyeing Etna volcano in Sicily. Wondering if someone could raise capital via a STO to bootstrap Bitcoin mining operations.

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Community member stated just to put things into perspective: If 1 good volcanic well gets 95MW (avg well gets only 4MW), then Bitcoin needs 1.

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Knew it, Volcanic-BTC is going to be the new Petro-Dollar.

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He also stated previously, if countries would try to ban converting Bitcoin in local currency, it will just make skyrocket the number of people living fully on Bitcoin, offering…

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Community were like:  How to make Central Banks and Governments eat a piece of cake is the point. If not, we all know they will never accept cryptos.

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How will you pay your rent/mortgage, car payments or for food at the big stores? A sizeable number would also be willing to transact in tether, if that time comes.

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It'd also deeply encourage p2p KYC-less exchange (like Hodl Hodl, or in-person exchange), which would be fantastic.

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In my country, transacting using other than government currency is considered as crime by law, and could be jailed.

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Agree. I’m trying to pay with Bitcoin as much as I can. It’s easy to book flights or buy cars with BTC. It’s not easy for small amounts like or food.

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Previously, Paolo stated, by the end of 2021, few teams I'm working with, will deliver the first products and infrastructure for a new private, unstoppable and free web and…

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Experimenting with Finex matching engine. Offchain matching, trust-less execution, multi-chain settlements for spot, margin and perps almost out of the box.

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