Usdt are safeheaven to avoid volatility and goverment restrictions

[325btc]

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.

Lets keep it real and holy the usdt freedom of hold wealth and move wealth and protect urself against volatility.
We all have mission to keep this HOLY usdt is truly holy lets not let the smucks the regulators and sec to touch it.

Only way they can speak about it this is only when they have solution to protect customers privacy and it protection.

Usa goverment should put all his useless law enforcement to protect USDT against hackers at least they what is needed.

Usdt is most valued asset in the world its easy to use it fast and cheap enough.

If they f..up USDT me and many other people will leave crypto.


Anyone who say somethimg bad about USDT is enemy of freedom and security and his enemy of crypto people.
Long life for USDT also usdc is good i dont mind as long as stpupid guys in suit the regulators dont fu...ck it up.

So usdt is good lets keep one thing good in crypto the usdt thank you who ever created usdt its best.

[PrivacyG]

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

[325btc]

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

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 !
Also i want to see person face to face who dare to steal from me? Not many of them who dare to even look at my eyes and steal from me but u might tolerate thiefs andi dont i will f..uck up exchanger who steal from me its easy you hire hackers they can fu..ck up easy but exchangers knows so they avoid from problems.

Also they do all their best to not freeze customer assets as you been told many times its danger for crypto is if people start lose money by that freeze wich means excuse to steal

[_act_]

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

Tether can be frozen by Tether developers, this can be on noncustodial wallet. Is there any freedom if USDT can be freezed? No freedom.

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.

All fiat are the same thing, the government will always manipulate it, all fiat are dirty and makes people not to fully have control over it completely. Just like you have later said, bitcoin is one of the decentralized currencies that is also making people to have the freedom, but fiat still have their own advantage like for spending.

[suzanne5223]

As we see usdt is best for using it world wide best liqutity no volatility and no regulations

I have a reason to believe you don't know what you're saying because USDT was registered and regulated by FinCEN.
It was used world wide and has the highest liquidity because it's the first stable coin but its also volatile in nature.

 

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.

USDT is never a privacy stable coin or a treasure because it was backed by fiat currency which was the reason why cryptocurrency was created in the first place.

[hosseinimr93]

USDT is not as safe as you think.

The first problem is that there is no proof that all tokens are really backed by fiat.
The second problem is that your tokens can be frozen even on your own wallet. It's possible that the government ask the company to freeze your tokens.
I recommend you to read the topic created by mk4.
[UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets

[BIT-BENDER]

Yes I am From a country with bad economy and our local currency is synonymous to getting it's value dropped, also the government aren't friendly with crypto-currency enthusiast In the country. it's really stressful, and sometimes unwise converting my Crypto into my local currency, so when ever I am have an indecision on my next move in Crypto I rather convert in to USDT for the main time as to sending it to Fiat.

[zasad@]

Usdt is safeheaven and usdc
https://bitcointalk.org/index.php?topic=5388316.0
I do not understand why to create the same topic on the forum in different sections.I posted my answers in that thread. The only way tokens like USDT exist is to be friends with the SEC

[Zilon]

Outside the guard against volatility there is no security/privacy guaranteed with usdt most especially Tether as it is attached to the regular fiat currency meaning it's backed by it's equivalent value in USD. This brings us to fact that no crypto asset is 100% satisfactory it's either you go by the volatility or you go by the regulations

[Flexystar]

Few things do not add up in this. First, USDT is centralised currency and you don’t have complete control on it as that of bitcoin or other altcoins with private keys and stuff. Secondly, USDT is already under the radar of banks and courts for few allegations. I’m not sure how much safe heaven it is but it seems as of now you can have partial trust in the tether.

Moreover, there are coins which are stable coins and are decentralised such as DAI so you can always choose it over tether for security reasons. If you want full ownership then you must have your own keys and decentralised coin.

[fiulpro]

Right now even if one might take few steps back but one cannot deny that we are approaching world war 3 which does mean that there would be no safe heaven as long as it's connected to the government, US have involved themselves very deeply and it does not seem that they would be able to back up at this moment.

Any centralized currency is not a safe havens, only a decentralized currency would be safe from all the hardships which come amid the crisis that we are facing right now.

USDT is pegged 1-1 to USD so if the government of US falls, so will the USDT, they don't have jobs, they don't have workers, they are in the middle of a war right now believe it or not things might go wrong so fast in a matter of seconds.

I would rather have bitcoins than USDT.

[Sterbens]

When USDT for cryptoners becomes something that hinders freedom, what is the definition of safeheave in your opinion? just because it is protected by a government agency and you seem to depend on fiat inflation? what if it turns out that USDT tokens are not backed up with fiat? but also broadly USDT means you have surrendered your ownership to full control. What is safeheaven? We seek financial freedom, for no one but ourselves to be free in terms of ownership and the answer remains in Bitcoin.

[Baofeng]

It's pretty obvious that this kind of crypto are there to help investors fight volatility. So it can be used to hedge your money if you are afraid that for example, bitcoin might go down. But we really don't know if stable coins are back up 1:1 in terms of cash reserves, that is the main argument against them for many years now. So holding them now doesn't mean you are holding US dollar, of course they could be pegged in US dollar, but what if there is a rampant withdrawal? sort of a bank ran? So there is the danger with using them as so called safe heaven, for me, it's better if you put your wealth in crypto like BTC.

[laredo7mm]

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.

Lets keep it real and holy the usdt freedom of hold wealth and move wealth and protect urself against volatility.
We all have mission to keep this HOLY usdt is truly holy lets not let the smucks the regulators and sec to touch it.

Only way they can speak about it this is only when they have solution to protect customers privacy and it protection.

Usa goverment should put all his useless law enforcement to protect USDT against hackers at least they what is needed.

Usdt is most valued asset in the world its easy to use it fast and cheap enough.

If they f..up USDT me and many other people will leave crypto.


Anyone who say somethimg bad about USDT is enemy of freedom and security and his enemy of crypto people.
Long life for USDT also usdc is good i dont mind as long as stpupid guys in suit the regulators dont fu...ck it up.

So usdt is good lets keep one thing good in crypto the usdt thank you who ever created usdt its best.

USDT is not fully decentralized. It's just a mirror image of USD but in the form of digital currencies. USDT is a stable currency and as a stable currency it can provide security to your portfolio in the time of bear market but that doesn't mean its full fill all the needs of cryptocurrencies. It lacks the ultimate element of crypto assets and that is decentralization.

[Oceat]

USDT is not fully decentralized. It's just a mirror image of USD but in the form of digital currencies. USDT is a stable currency and as a stable currency it can provide security to your portfolio in the time of bear market but that doesn't mean its full fill all the needs of cryptocurrencies. It lacks the ultimate element of crypto assets and that is decentralization.

USDT is centralized and there's no way it can be decentralized when it's back with fiat or just like what you said a mirror image of fiat but in the form of digital currency. Somehow when you hold your funds or portfolio in USDT to avoid the bear market someone should know that it is not a safe haven. I would rather stick to my hardware wallet with BTC than converting it to another altcoins which is not safe.

And for OP, I have a feeling that you were just being sarcastic or you don't actually know what you were talking about.

[kryptqnick]

I don't trust USDT. It's like fiat, but worse. With fiat, there's the state that is responsible for its relative stability and, if the state is fairly alright and stable, it more or less works. And then there's USDT, which is basically dollar, only it isn't because it's not backed up neither by US central bank, nor even by physical dollars.
But for those living under very strict regimes, such as in Russia right now, when having USD is basically illegal (there are tough limitations from the Russian gov about financial limits), I guess USDT is a fair option, for the time being, if one doesn't want to risk investing in something as volatile as BTC. But lol, op, USDT is not 'cheap enough', it's literally meant to always cost 1 dollar per coin.

[adaseb]

I heard last week on Twitter that some USDT got frozen due to sanctions. No idea if it’s legit but I would not be surprised.

Tether was frozen from time to time, remember that $10Million tether hack a while back? Well they froze it right away.

It’s centralized it’s not like Bitcoin.

[The Sceptical Chymist]

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.

Well, those who are wage slaves certainly aren't alone; I'd say most of us on the forum (and in the world) are just average people working jobs we may or may not like.  There's nothing wrong with that IMO as long as you can find happiness in life and not be killed spiritually by whatever you do for work, if you know what I mean.

And as long as wages keep pace with inflation, all is generally OK.  The problem is when they don't, and I'm not sure if the average hourly wage has increased at all since we've started to see this inflation as of late.  I agree that it's crazy to be saving money in the form of the USD (or any fiat currency), and it doesn't even matter if it's in an interest-bearing account.

USDT is even worse.  A crappier version of Fiat, similar to Binance's fake Bitcoin. 

Agreed; I'm not sure why OP seems to be such a fan of that particular stablecoin.  All they are essentially is a placeholder for fiat on a crypto exchange, i.e., a way to hedge against crypto volatility (usually bitcoin) for the time you have your funds on whatever exchange you're using.  But ultimately USDT still represents fiat, and I'm certainly not a fan of it.

[davis196]

OP praising Tether remains me of a bunch of older forum accounts,that were just shitposting and spamming on the forum praising stablecoins.Perhaps this is the same guy,just using another alt account.
Tether is just tied to the US dollar and the US dollar will be losing value for sure.Basically USDT is the same shit as USD.There's no added value in USDT,in comparison to the USD.
For some reason the USD increased it's value in my country,due to the Russian invasion in Ukraine.
I'm sure that this increase in value will be temporary.What if Russia,China and India stop using USD in their foreign trade?I'm sure that the USD will lose a lot of it's value,if such event occurs.

[PrivacyG]

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.

Sure.  In theory, this sounds amazing.  Ask Bitfinex users who have lost billions how the reimbursement has been going for them and if they would ever hold their funds on an exchange again.  Yes, they would probably punch that hacker in the face a thousand times too.  Too bad they have no idea really who it is, even if this is about a decade later.

I dont buy this usdt freeze story !
Also i want to see person face to face who dare to steal from me? Not many of them who dare to even look at my eyes and steal from me but u might tolerate thiefs andi dont i will f..uck up exchanger who steal from me its easy you hire hackers they can fu..ck up easy but exchangers knows so they avoid from problems.

At this point, you sound as immature as a child.  You need a wake up call, buddy.  Nobody gives a crap about your vicious eye stare when they steal your coins over the Internet.

Btc can falll on price

Then why use USDT in the first place?  We have bank accounts, credit cards, cash..  Why even bother using a fake version of an already useless currency?  Makes no sense.

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Regards,
PrivacyG