Need not just stimulus but usdt stimulus

[cryptoboss2020]

To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards

[crwth]

So basically, you want to give out free money to traders because they deserve it by trading? Isn't it that exchangers ask for fees because it's their service and it's going to be a kind of refund for the traders themselves. USDT trading is traded very much in several exchanges.

OR

You want the "printed USDT" and have a portion of it because you are still using that stable coin?

Do you have any examples being done by governments with what you are talking about? I doubt there would be crypto-related stuff, but it's possible in other ways as well.

[bittreo]

So basically, you want to give out free money to traders because they deserve it by trading? Isn't it that exchangers ask for fees because it's their service and it's going to be a kind of refund for the traders themselves. USDT trading is traded very much in several exchanges.

OR

You want the "printed USDT" and have a portion of it because you are still using that stable coin?

Do you have any examples being done by governments with what you are talking about? I doubt there would be crypto-related stuff, but it's possible in other ways as well.

Exactly my point. Yes, government provides stimulus in various sector like housing, agriculture, local businesses but for traders? I never heard of that, at least in my countries.

[Wexnident]

Uhm in the first place, a stimulus check is supposed to stimulate the economy, so giving them to traders who would probably just use it to trade crypto/stocks and what not seem to be running contrary to that goal. It may affect it in some way, in which I'm not particularly sure of anyway, but the effect would be minimal compared to giving it to citizens who really need it and would willingly spend it to buy the necessities they lack. Additionally, crypto itself doesn't really need any help imo? It's growing quite well compared to what it was a decade ago, and I have no doubt it would only continue to do so for the next few decades.

[alexforneus]

Exchanges will never do unprofitable things. USDT air drop is too much. They have giveaway/competitions but only for really small  % of users

[passwordnow]

Email the exchanges and suggest that to them. 
With another $900B stimulus that's about to come next week. There will be a portion of it that might go to bitcoin. We don't know who are those wise receivers will invest it likely to bitcoin.
But just like the first stimulus, it seems exciting that we're going to get to see an impact of it once it's distributed.

[xSkylarx]

To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards

Exchangers is a business so you can't ask or force them to give free money to its users. They also pay taxes to maintain it. They don't force you to trade on their platform if you can't. While stimulus is provided by the government only because to keep the economy going. Without it, there is a possibility that their economy would crash.

[dondonk]

If I try to understand, you want the government to provide assistance to traders by giving USDT for every USD printed. It imposible , because USD and USDT are different. both in management and creation. USD government owned USDT owned by tether limited company

[Lorence.xD]

If I try to understand, you want the government to provide assistance to traders by giving USDT for every USD printed. It imposible , because USD and USDT are different. both in management and creation. USD government owned USDT owned by tether limited company

OP does not seem to understand that. You can't just inject money into something to prevent a collapse, sure it will go smooth for a while but considering that the stimuli is only limited then it is sure that it will also be a limited smooth ride. I think OP is a troll and our replies on his/her thread only feed him/her ego.

[cryptoboss2020]

If I try to understand, you want the government to provide assistance to traders by giving USDT for every USD printed. It imposible , because USD and USDT are different. both in management and creation. USD government owned USDT owned by tether limited company

OP does not seem to understand that. You can't just inject money into something to prevent a collapse, sure it will go smooth for a while but considering that the stimuli is only limited then it is sure that it will also be a limited smooth ride. I think OP is a troll and our replies on his/her thread only feed him/her ego.

I think you are alien!
Yes I think USDT stimulus for active traders are good.

[Karartma1]

Do you know anything about the magic behind USDT issuance? Do you know what Tether is in the first place?
Or maybe you want some form of central bank digital currency loaded into your smartphone to buy your candies?
Before opening a thread, make sure you know what you are talking about.

[Dead_M]

 How do you compare government and usdt drops I think it’s two totally different things

[cryptoboss2020]

How do you compare government and usdt drops I think it’s two totally different things

If they are different things so much there would not have USDT  allowed.
USDT is pegged to 1:1 to USA dollars then it need to comply with USA laws not with all but with some of them.

Even bitcoin is allowed to be used by government so they cant ban the btc but they can shut off the Mining and cash/fiat to btc transactions.

But they keep bitcoin alive becouse its new money system and when the time right the btc and crypto Will have bigger use case.

We dance the tune of government either we know this or not.

[Darker45]

If the government-- I honestly don't know which government (perhaps China, being the one in control of Hong Kong where USDT is based)-- can do something good in relation to USDT, it is that it should compel USDT for an honest third-party audit. If the private company behind USDT will resist or avoid it, then the government should just shut it down. That's the best thing the government can do now.

Come again, did you say every time the Fed prints money out of thin air there should also be a 1:1 equivalent of USDT minted out of thin air? For goodness' sake! Your mind seems to be made of thin air.

[Kupid002]

To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards

What will be the purpose of giving free money? They open an exchange to earn from it's users so why they will give it?You want to get some free money just because you are active traders ? Nah that's not how it works if you want to earn money do trade and never ask any to give it you or from government unless you are in situations need to be helped .

[cryptoboss2020]

If the government-- I honestly don't know which government (perhaps China, being the one in control of Hong Kong where USDT is based)-- can do something good in relation to USDT, it is that it should compel USDT for an honest third-party audit. If the private company behind USDT will resist or avoid it, then the government should just shut it down. That's the best thing the government can do now.

Come again, did you say every time the Fed prints money out of thin air there should also be a 1:1 equivalent of USDT minted out of thin air? For goodness' sake! Your mind seems to be made of thin air.

USA dollars of 25% reserve gives right to mint 75% of USDT.

[cryptoboss2020]

To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards

What will be the purpose of giving free money? They open an exchange to earn from it's users so why they will give it?You want to get some free money just because you are active traders ? Nah that's not how it works if you want to earn money do trade and never ask any to give it you or from government unless you are in situations need to be helped .

Its good for crypto traders! 
Crypto traders are business minded people and it can help the crypto adoption for some countries like Zimbabwe Venezuela nigeria.
But business minded indviduals should get always More money becouse thanks for business minded people the world is running its like in your blood you active and want to trade and do deals or either you dont want.
When the society start stopping to support the business minded indviduals its always bad for Economics and business activity!

[loopes]

Exactly my point. Yes, government provides stimulus in various sector like housing, agriculture, local businesses but for traders? I never heard of that, at least in my countries.

Goverment provides stimulus for those kind of sector because those are productive sector to earn money that make the economic cycle keeps turning. But what about stimulus for trader ? I am sure that trading is very risky to do, so if goverment give stimulus for this sector they will only spend their treasury cash fund for a very potentially risk things. It will not make significant growth of economy however the goverment especially the federal reserve give stimulus for property, agriculture etc to help economic growth.

[wxa7115]

To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards

They are doing that already albeit indirectly, if you receive a stimulus check then use it to buy stable coins and boom you have your stimulus in stable coins, there is no need to try to reach exchanges to make this a reality, if we let people decide by themselves then a lot of money will come to this market, some money will go to other markets but that is fine too.

Still, this stimulus checks are going to cause inflation, while to stock market is happy with those measures because it means it keeps the party going on the rest of the economy keeps suffering and you cannot solve an economic crisis that was caused by cheap credit and printing money with more loans and money out of the printing machine.

[Fortify]

Weird how this thread was dug up from nowhere a week after it was first posted. Probably due to the fact that a bill that has just passed through Congress which will end up giving a $600 handout to every American tax payer for free if it is signed off by the President. It sounds more dollars will be printed to pay for it, but the average American has lacked government support which was present in many other countries across the last 9 months of Covid. A little bit late and probably a lot less than required, but it is a good start because people need help right now and it's always possible to pay it off later. Some of this money will inevitably feed into Bitcoin.