Usdt are safeheaven to avoid volatility and goverment restrictions

[Wexnident]

USDT is pegged to it's fiat value USD, so I don't see the reason why it would be a safehaven? Not to mention that it can be frozen even if it was in your wallet, whether you want it or not. Pretty sure you should easily be able to find instances where Tether on wallets was frozen, most of it due to it being a "hacked" amount or something similar. So to say, having an asset where others could freeze it isn't really something I'd consider as a safehaven.
 

I keep funds in exchanger if one penny lost it will be all over fb twotter and on news that exchanger will be labeled as thief exchangers have full responsebility to protect and reinburse our funds.
Wallets are different.
I dont buy this usdt freeze story !

Well go do so, you'd only highlight yourself being a dumbass.

[CryptoATM]

Anyone who say somethimg bad about USDT is enemy of freedom and security and his enemy of crypto people.

I am sorry to burst your hype but the United States Dollar is the enemy of freedom right now, right next to any other dirty Fiat currency.  USD holders have been pretty much losing purchasing power every single day while Bitcoin gave you so much more purchasing power long as you held through bull runs.  We are living a wage slavery.

USDT is even worse.  A crappier version of Fiat, similar to Binance's fake Bitcoin.  It is great for preserving USD value of your Cryptocurrency holdings, but stable coins are usually non audited or improperly audited currencies that give you no advantage over Fiat.  You can have your USDT wallet seized or frozen.  Bitcoin wallets can not be frozen or seized.

Anyone who says something bad about USDT is enemy of freedom?  Read that again, because this sentence is so contradictory it is funny.

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Regards,
PrivacyG

Exactly, USDT isn't a safe haven for avoiding government restrictions since it's a centralised project supporting real USD, the only thing is do better is volatility I won't advice anyone to store their USD using USDT I believe a DeFI USD is better and that's DAI.

[PrivacyG]

Exactly, USDT isn't a safe haven for avoiding government restrictions since it's a centralised project supporting real USD, the only thing is do better is volatility I won't advice anyone to store their USD using USDT

Theoretically, you can use it to avoid Government restrictions.  With the way these huge crackdowns on Russian banks, cards etc affected them, I expect them to find safety in USDT or other Stablecoins as a way to avoid having their funds frozen or seized.  That is, unless or until USDT decides to have a crackdown themselves on Russian owners of their Stablecoin which I would not be surprised to happen.  The only true way of safely avoiding restrictions, which works both in theory and in practice, that I currently see is investing in Bitcoin and other truly decentralized Cryptocurrencies.

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Regards,
PrivacyG

[LUCKMCFLY]

At the moment the usdt is taking on a very great importance in the world of finance, as it has increased by at least 30% over the Ruble, in addition to this it represents stability for when there are falls in the crypto and eventually it is a safety haven for those who do not like volatility and want to protect their value in Fiat with respect to cryptocurrencies.

If we take into account that the usdt is becoming increasingly important and relevant in countries with inflationary economies, it would have a higher potential in terms of measurements, because anyone who has a particular economy based on BTC quickly changes it to USDT would be protecting the current value of btc just in case it drops in price, and thus it would be well above its local currency, which would guarantee stability, and this alone could be called financial freedom, I see this as one of the many advantages that have.

[eaLiTy]

As we see usdt is best for using it world wide best liqutity no volatility and no regulations lets keep one thing holy in this world holy treasure as USDT its true valued asset you can hold it wallet and it has good privacy.

Looks like you are trusting USDT too much and you think it is the resolution for all the economic struggles on a global scale  . You need to understand USDT is simply said to be pegged by USD and what happens if the value of USD goes down and another controversy is that they are not pegged 100% by fiat and there is no transparency on that aspect either and if a government wants to ban them, they can do so easily.

[jc12345]

There is no cryptocurrency in my view that is a safe haven. The only purpose of fiat pegged crypto currencies aka stablecoins is to hedge against a drop in price of other non-stablecoins cryptocurrencies. Different stablecoins have different risks and the safest would be an actual fiat deposit 1:1 to the stablecoin and that fund must be safely stored somewhere in some account. This process should be audited regularly by reputable auditors and the reports made public. The rules of the fund should be that at any time when a stablecoin holder holds one unit of stable coin it should be possible to convert that to one fiat unit. Of course there will be logistical limitations to this but this should be the rule. Then that stablecoin will have less risk. It is also possible for stablecoins to have other types of reserves  and assets to serve as collateral for those stablecoins but those projects' risks are higher. There are clouds and uncertainty hanging over USDT so it is uncertain how "safe" USDT is.