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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. Danny  ⚡️ Diekroeger‏ @dannydiekroeger Jun 25

      If Tether gets shut down and $60 billion of USDTs become unredeemable, I’d imagine most of those holders will immediately try to liquidate for BTC, which would put immense upward pressure on the price

      253 replies 128 retweets 1,798 likes
      Show this thread
    2. BitcoinBatman‏ @RealBTCBatman Jun 25
      Replying to @dannydiekroeger

      Why that should happen though? Holders seem quite confident about stablecoins, roughly 18b Is parked in dexes right now quite impressive amount

      5 replies 0 retweets 12 likes
    3. Danny  ⚡️ Diekroeger‏ @dannydiekroeger Jun 25
      Replying to @RealBTCBatman

      Just saw some news today about US government calling out Tether again

      5 replies 0 retweets 5 likes
      Paolo Ardoino‏Verified account @paoloardoino Jun 25
      Replying to @dannydiekroeger

      Note that it was reported as a potential market disruptor, not a risk. Media can be subtle.

      6:42 PM - 25 Jun 2021
      • 16 Likes
      • Satoshi’s Dog ฿ 🐾 thesnakecharmer☀ Weiting Chen | perp.fi Mycroft The Raven Edward_Alan Lee Daein Crypto & Crumpets
      1 reply 0 retweets 16 likes
        1. New conversation
        1. Disciple of Satoshi 🌋‏ @SatoshiChela Jun 25
          Replying to @paoloardoino @dannydiekroeger

          Disciple of Satoshi 🌋 Retweeted Caitlin Long  🔑

          Caitlin has given more information and links - To me it looks that Fed is feeling the need to ensure Tether keeps working (tiger 🐅 by tail)https://twitter.com/CaitlinLong_/status/1408572624125534212 …

          Disciple of Satoshi 🌋 added,

          Caitlin Long  🔑Verified account @CaitlinLong_
          1/ HOLY COW--the Fed today, for the first time, explicitly called out tether--by name--as a risk to financial stability (namely, to short-term credit markets.) Here it is, in the Fed's own words & charts: https://www.bostonfed.org/news-and-events/speeches/2021/official-monetary-and-financial-institutions-forum-fed-week-financial-stability-session.aspx … pic.twitter.com/jtOyhctEU8
          Show this thread
          1 reply 1 retweet 3 likes
        2. Show replies

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