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2097d
Request to Bitcoin.com
Please remove USDT...i said it before you added it but it was still added.
Lead by example, protect your customers.
If not , when USDT lawsuits come in they could effect your business too.
replied 2097d
They don't care. Banks showed the middle finger to crypto businesses forcing them into the USDT and other stabelcoin schemes.
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Their best bet would be to use an Estonian or similar proxy and add real fiat but then AML/KYC would be mandatory...
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I don't understand why they didn't choose any other stablecoin
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Yea, there are a few choices.
i would prefer they used an audited stablecoin, like, USDC,GUSD,USDH,PAXO,DAI, anything apart from scammy Blockstream led USDT
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Me too. Personally I use TUSD a lot because they have a token on Binance Chain which makes transactions fast and cheap.
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Every "stable coin" is cancer.
replied 2096d
Most of them rely on trust so yeah a bit. Though I think something as Dai is awesome as it doesn't rely on trust.
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DAI is the same shit with a couple of extra steps to masks the inherently retarded idea behind it.
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Why is it a retarded idea? It's more stable and backed by crypto so no central control.
Kaizen
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I agree 100%
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I’d like to hear roger and even jihan speak further on their positions with tether.
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Crypto businesses are basically forced into these stablecoin schemes by the banking industry's restrictive stance against cryptocurrencies.
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p2p markets would be a way out, but for most newcomers it's a huge barrier of entry.
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Couldn't agree more