Altcoins News
By Maheen Hernandez
1 / 11
Paolo Ardoino Expressed: ~3k commits, hundreds of code iterations, 1k new auto-tests, cross-collateral support for perps, insane latency cut, improved multi-threading and…
2 / 11
Heavily battle-tested on ARM and Raspberry PIs (4b+). Still some room of improvement (ie. improved plugin system) but once Road to Rome is live, we can focus on the next evolution.
3 / 11
Paolo Ardoino, was also seen trying to grab the attention of Traditional Finance people by stating: “No one in Wall Street Knows Tether.”
4 / 11
Someone was requesting to get educated more on Tether (USDT) stating: 1. Tether is a stable coin backed by real dollars 2. Their balance sheet has ~$30b "commercial paper" 3.
5 / 11
Others were like: Tether has a similar market cap to Bank of Montreal and has 12 employees. They used pie charts as proof of attestation.
6 / 11
It's all ethical, the arbitrage here is improving the "efficiency of markets." They're already investigated and paid a fine, FUD's over.
7 / 11
They just paid a small settlement and have been cleared as far as I know. I would still avoid TBH.
8 / 11
In the event Tether is insolvent, there may be some short term panic just because people are emotional. It means your tether to dollar is potentially not redeemable.
9 / 11
Critics as always were like: Tether USDT is a Ponzi scheme that is going to short-term take down the entire crypto market once it's busted.
10 / 11
This has been going on long enough now (years) that I assume 1) it’s legit 2) it’s a scam that will never blow up because nobody cares and there is so much momentum 3) it’s a…
11 / 11
Tether is a litmus test for integrity and clarity of thinking. Anybody who dismisses tether should be ignored.
The Currency Analytics
Want the full story?