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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 28 Sep 2020

      While #tether is breaking all growth records, I love that the entire stablecoin offering is expanding the overall monetary base. Aggregate efforts from multiple companies are more likely to succeed than bringing this whole concept forward alone.

      12 replies 4 retweets 69 likes
    2. eriverse‏ @ercwl 28 Sep 2020
      Replying to @paoloardoino

      > The entire stablecoin offering is expanding the overall monetary base Are you referring to CBDCs? Otherwise I can't think of why private sector stablecoins would have an impact on the monetary base.

      3 replies 0 retweets 0 likes
    3. Larry Cermak‏Verified account @lawmaster 28 Sep 2020
      Replying to @ercwl @paoloardoino

      I think Paolo means monetary base for crypto?

      2 replies 0 retweets 8 likes
    4. eriverse‏ @ercwl 28 Sep 2020
      Replying to @lawmaster @paoloardoino

      eriverse Retweeted eriverse

      You mean the total market capitalization? There's no monetary base in crypto. Something I found interesting on this topic though regarding money supply:https://twitter.com/ercwl/status/1227874844789874688?s=19 …

      eriverse added,

      eriverse @ercwl
      Replying to @blackswandar @BitcoinMagazine
      One of the favorite questions I've asked myself recently is whether Dai is tokenized "$1 of ETH" (et. al) or if it's really a "dollar". If it's a dollar, does it also inflate the U.S. dollar money supply? And if Dai was pegged to BTC instead, would it inflate the BTC supply (M2)?
      2 replies 0 retweets 3 likes
      Paolo Ardoino‏Verified account @paoloardoino 28 Sep 2020
      Replying to @ercwl @lawmaster

      Indeed the right term.

      10:17 AM - 28 Sep 2020
      • 1 Like
      • eriverse
      0 replies 0 retweets 1 like

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