insider info on how Tether is gonna pass a full audit (100069% legit)
Hello guys, I am Doo Kwon't. The new CEO of Tether. We are a Multi Billion dollar company. That's at least four zeros in our net worth. But not before a decimal place I know that the cryptocurrency space has been generally weary weary of us. Despite us doing audits from people that *we* trust. Look. It was hard for us to back the asset 1:1 with a dollar. That shit is mad worthless these days. We did so initially. And it was the plan. But you know, things happen. But we have heard you guys out. You guys want to know WHAT our tokens are backed by. You DON'T want it backed by "commercial paper" and other fun things. We will do an "actual" audit soon. This is why we shall just swap all 70 billion USDT with DAI, which IS backed by US dollars. Doing some simple math, USDT = DAI = USD USDT = USD Ask me anything
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JUST IN: Lightning Network capacity grew by 150% in the past year - Kraken Intelligence #Bitcoin is scaling 🚀
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Ledger says that only ~ 35% of their sales for hardware wallets is in the United States, according to @_pgauthier. Bitcoin is a global phenomenon.
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"just waiting for the rest of the world to understand what #bitcoin is" says @saylor https://t.co/gIMm0wvr4h
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Being on this sub is like being lectured by that old guy at a pub.
Picture this. You walk into a bar, all you want is a nice cold drink, to relax and unwind from a stressful day in the fiat mine. You plonk yourself down at the bar. Suddenly you feel an ominous presecence. You turn around slowly and see a smartly dressed boomer smiling at you. He proceeds to sit down next to you. "Hey Sonny, did you hear about the stock market? You should take your money out now! We are in a bear market and it's only going to get worse, we haven't seen the bottom yet!". You ask the smartly dressed man "What are your qualifications? You sound like you know alot about this". He replies "Oh I just read about it on the internet, I am actually an I bet driver". For the next hour he continues to talk about the stock market being down and lecturing you on how to invest your money. Suddenly you find an excuse to go home "gotta go, the dishes are piling up at home cya"!
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A guy in front of the Federal Reserve painting the Federal Reserve on fire.
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JUST IN: Anthony Scaramucci's SkyBridge to file for spot #Bitcoin ETF this week - Bloomberg https://t.co/EWEL06VPUw
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#Binance launches an @AlchemyPay $ACH staking special where users can enjoy up to 102.49% APY and a share of 3,250,000 $ACH in rewards! More info & risk warning ➡️ https://t.co/aHIvUEJXSz https://t.co/QTNFBWfD9g
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BREAKING: #Cardano has postponed its Vasil upgrade by four weeks. It's now slated for late July.
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Cold Storage - barrier for too many people interested in Crypto?
I've been thinking about this. Cold Storage and moving your coins around on/off exchanges/wallets/cold storage can be confusing/stressful to many interested new investors. I understand that if you're *interested* in Crypto then you've likely already done this research and are willing to get over this learning curve. But if Crypto is to be adopted by the rest of the world, then how does the entire world get over this learning curve and barrier to entry, other than the barrier being lowered a bit. What could possibly do this? We still need cold storage and hot wallets, but in your opinion, what could be done to change this? How can the barrier to entry be lowered, without security being compromised, and retaining custody over your own keys and coins? Will there be new forms of hardware wallets?
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Battle Of The Stablecoins: USDC Transactions On Ethereum Surpass USDT
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Remember why Bitcoin was created...
Bitcoin was created in response to the financial crisis in 2008 when large financial institutions went/were going insolvent. It is a digital cash/payment/money technology that removes third parties. When you buy Bitcoin and use it you are opting out of traditional finance into the Bitcoin Blockchain. Mine, run a node, make/receive payments, and fully support Bitcoin.
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Crypto, Blockchain, NFT Jobs Witness 804% Increase In India Since The Pandemic
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