This is not regarding this tweet, but I saw another tweet of yours (or maybe a retweet you made) that bitcoin is worthless and its a system making money out of thin air..... what about government issued currencies?
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That's not Bitcoin, that was Tether. The whole point of Bitcoin was to move away from that sort of system. In that regard, Bitcoin is a dismal failure. Especially with the amount of trust the community puts into blatant scammers.
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If understand how important Bitcoin is to us right wing libertarian, You will understand Bitcoin will not fail.
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Already has. People trust fraudulent exchanges with their money.
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:( I really think you're right about tether, and I've thought that since you were active before, but I was stupid and left money in it anyways and I'm having a hard time biting the bullet and swallowing -2.5% on my entire account right now.
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You can’t withdraw the dollars.
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I'm in USDT on binance. If I want to get to USD, I have to buy btc at 6382 and sell it at 6218.
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It will only get worst
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This could be the news story that sends BTC into chaos
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I mean you can't actually withdraw your money from it anyway right now tho...???
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why are we seeing this kind of premium?
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what is the purpose of having the price higher on bitfinex?
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It sucks but it's almost deserved at this point. So many red flags and people still are trusting their money in Tether... Silly is the nice way to put it.
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What's the common person translation of "premium"?
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It just means "higher price".
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