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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. SBF‏Verified account @SBF_FTX Jan 12

      SBF Retweeted Sam Trabucco

      It's sort of funny hearing people claim that you can't create/redeem USDT for $. Like, I don't know what to tell you, you can, and we do.https://twitter.com/AlamedaTrabucco/status/1348773027639562241 …

      SBF added,

      Sam Trabucco @AlamedaTrabucco
      BTW, to connect some dots here -- a lot of the people seeking access to a coin like USDT *aren't* doing so via creation. They're often doing so via just sorta buying it in the markets -- and they're buying a LOT, and REALLY aggressively. https://twitter.com/CoinDesk/status/1348653124773441544 …
      Show this thread
      34 replies 45 retweets 433 likes
    2. Santiago Capital‏ @SantiagoAuFund Jan 12
      Replying to @SBF_FTX @SBF_Alameda

      Hi SBF. Thanks for chiming in. Do you do this directly with Tether?

      2 replies 0 retweets 28 likes
    3. SBF‏Verified account @SBF_FTX Jan 12
      Replying to @SantiagoAuFund

      Yup!http://tether.to 

      1 reply 0 retweets 21 likes
    4. Santiago Capital‏ @SantiagoAuFund Jan 12
      Replying to @SBF_FTX @SBF_Alameda

      Do you do it in pretty big size? Ever done it on a weekend?

      2 replies 0 retweets 12 likes
    5. SBF‏Verified account @SBF_FTX Jan 12
      Replying to @SantiagoAuFund

      Big size: yes Weekend: eh there's some ambiguity here, but the wires can't be sent over the weekend even if a creation/redemption is initiated during one

      1 reply 1 retweet 21 likes
    6. Santiago Capital‏ @SantiagoAuFund Jan 12
      Replying to @SBF_FTX @SBF_Alameda

      Tether says weekend wires are not an issue bc their biggest customers use the same bank as they do. I guess you don't use the same bank?

      2 replies 1 retweet 17 likes
    7. SBF‏Verified account @SBF_FTX Jan 12
      Replying to @SantiagoAuFund

      We do in fact, and so can sometimes do the fiat leg over weekends, but can't get money in/out of that bank over weekends in the first place

      5 replies 1 retweet 28 likes
      Paolo Ardoino‏Verified account @paoloardoino Jan 13
      Replying to @SBF_FTX @SBF_Alameda @SantiagoAuFund

      Yep. Internal transfers are possible during the weekend (deltec on deltec transfers) of course not bank I/O wires

      4:38 AM - 13 Jan 2021
      • 9 Likes
      • Erlich Bachman 🦇🔊 DeoBrands | 🦇🔊 Joe Morgan IRRESPONSIBLY LONG BITCOIN ⚡️ SBF BitcoinWhiskers(#BTC🔑)🦁🌽⚡HONEY/BADGER btc4all Crypto Newman Blues
      3 replies 0 retweets 9 likes
        1. New conversation
        2. Jason‏ @iwearahoodie Jan 13
          Replying to @paoloardoino @SBF_Alameda @SantiagoAuFund

          Jesus. Tether lied to the public and refuses to discuss the claims they made. They explicitly advertised as only backed by fiat and as being regularly audited. Then people ask for evidence of that Paolo cries FUD! FFS it was tether who originally said this stuff.pic.twitter.com/MmTQG0G0DI

          1 reply 0 retweets 0 likes
        3. Jason‏ @iwearahoodie Jan 13
          Replying to @iwearahoodie @paoloardoino and

          They continued to attack everyone who disputed their claim of being backed by “traditional currency” then the truth came out and the “truthers” were right all along. Paolo won’t answer questions regarding tethers advertising of being backed only by fiat & being regularly audited

          1 reply 0 retweets 0 likes
        4. Show replies

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