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Thread 1. People that complain about centralised stablecoins freezing stolen funds are doing so just because they are not part of who lost funds. Once happens to them usually they start whining without an end (happened few times). Too easy when it happens to someone else.
3. Also Tether can decide to freeze funds in 2 situations: - law enforcement / regulator request - funds are sent to unrecoverable addresses (completely at tether discretion) This ability does not entitle crypto users to participate to stupid scams or paying less attention.
cause those people complain about it because they were not the one who get stolen or get hacked of the usdt , otherwise they will shut up
Exactly users of these products are confused because they are thinking anything using a blockchain is immutable and has the same properties as the #bitcoin
protocolhttps://twitter.com/gr0kch8n/status/1304803998755631108 …
I'm surprised many of your users don't understand this and are of the opinion tether has all the properties of Hey you did not freeze all funds stolen by hacker, check pleasehttps://twitter.com/D33pakGoyal/status/1310106474924748801 …
4. Tether is a shitcoin, if you want a real stable coin, then use DAI
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