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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. ivangbi  🦞‏ @ivangbi_ Jun 26

      ivangbi  🦞 Retweeted Danny  ⚡️ Diekroeger

      “We can’t seem to pump anymore, how can we fix this? Let’s hope that a huge systemic risk asset gets broken, so that we have a 1-minute pump candle and then die into oblivion as the industry defrauds. It’s worth it” Idk, does their diet consist of rocks... send helphttps://twitter.com/dannydiekroeger/status/1408582018552668160 …

      ivangbi  🦞 added,

      Danny  ⚡️ Diekroeger @dannydiekroeger
      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
      Show this thread
      6 replies 0 retweets 31 likes
    2. Larry Cermak‏Verified account @lawmaster Jun 26
      Replying to @ivangbi_

      Tether collapsing would be a disaster and BTC/USD would very likely dump while BTC/USDT would skyrocket. I don't think it will happen but if it does, there is like 0 chance that would reflect well on the markets

      5 replies 1 retweet 30 likes
    3. Arush‏ @arush Jun 26
      Replying to @lawmaster @ivangbi_

      It’d be a generational buy zone. Imagine bitcoin without tether FUD. Nocoiners running out of narratives

      1 reply 0 retweets 0 likes
      Paolo Ardoino‏Verified account @paoloardoino Jun 26
      Replying to @arush @lawmaster @ivangbi_

      At least #Tether has a purpose

      2:43 PM - 26 Jun 2021
      1 reply 0 retweets 0 likes
        1. Arush‏ @arush Jun 26
          Replying to @paoloardoino @lawmaster @ivangbi_

          The main purpose of Tether now is stablecoin yield farms. Exchanges will survive without Tether just fine. If Tether loses peg stablefarms will be permarekt. Btc will be fine.

          0 replies 0 retweets 0 likes
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