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paoloardoino's profile
Paolo Ardoino
Paolo Ardoino
Paolo Ardoino
Verified account
@paoloardoino

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Paolo ArdoinoVerified account

@paoloardoino

CTO @bitfinex + CTO @tether_to [Views are my own]

London
github.com/prdn
Joined January 2010

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    1. Paolo Ardoino‏Verified account @paoloardoino 26 Sep 2020

      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.

      7 replies 18 retweets 139 likes
      Show this thread
    2. Paolo Ardoino‏Verified account @paoloardoino 26 Sep 2020

      2. #Tether is not #Bitcoin . Please learn the difference. Tether is a centralised stablecoin that serves as a better and faster transport layer for fiat on chain. Being centralised is also subject to regulatory requirements.

      3 replies 5 retweets 90 likes
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      Paolo Ardoino‏Verified account @paoloardoino 26 Sep 2020

      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.

      7:28 AM - 26 Sep 2020
      • 6 Retweets
      • 81 Likes
      • hesamaldin Sadra3-6-9 cryptoshav.near Yukinobu Matsumura 1337 Alice Michelle FOHMO (3,3) 🫐 TheSkyhopper
      4 replies 6 retweets 81 likes
        1. Chalexov.eth  🪐  ❤️ 🪐‏ @CHalexov2016 26 Sep 2020
          Replying to @paoloardoino

          Chalexov.eth  🪐  ❤️ 🪐 Retweeted Chalexov.eth  🪐  ❤️ 🪐

          Good explain... but hodl #tether is same as you hodl money at regular centralised bank. Same. $ or € !https://twitter.com/CHalexov2016/status/1309861759369523201 …

          Chalexov.eth  🪐  ❤️ 🪐 added,

          Chalexov.eth  🪐  ❤️ 🪐 @CHalexov2016
          @paoloardoino so nice to see you help to block all that money today from hackers! But... i see i will NEVER ever again use or hodl bigger amount of $usdt #Tether @Tether_to by @bitfinex ... its so centralised! Its why we use #decentralised #blockchain as #btc #eth #dai 🪐🕷🪐👌
          0 replies 0 retweets 0 likes
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        1. h3.‏ @h3_extrachars 26 Sep 2020
          Replying to @paoloardoino

          Do you freeze & remint? At what point do you have to say "you just need to be a better custodian of your funds"? Tether can't protect everyone from errors & failures

          0 replies 0 retweets 0 likes
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        1. Ianis Antropenko‏ @IanisAntropenko 26 Sep 2020
          Replying to @paoloardoino

          Got it master 🙃

          0 replies 0 retweets 0 likes
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        1. Cameron Brooks‏ @cambrooks 26 Sep 2020
          Replying to @paoloardoino

          What happened?

          0 replies 0 retweets 0 likes
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