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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 Jul 16

      Tether truthers: "tEthEr iS nOt tRustEd" - since 2019 (NYAG) tether grew from 3B to 63B - Tether maintains the peg of 1$ on all exchanges - competitors could have had the chance of their lifes to outgrow Tether but the didn't Checkmate dudes. The market speaks louder than you.

      54 replies 20 retweets 319 likes
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    2. Paolo Ardoino‏Verified account @paoloardoino Jul 16

      These truthers can't simply understand how free markets work. Anyone holding USDt and thinking it isn't fully backed, would sell it on the market pushing the price down. Yet the price is 1$. Everyone knows Tether is fully backed. There is a public attestation from a top firm.

      6 replies 3 retweets 68 likes
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    3. Paolo Ardoino‏Verified account @paoloardoino Jul 16

      They just prefer to follow and believe couple of guys that for years said that Tether is not backed, and then turned to be a lie and they shifted their attack goal to "bUT BUt TETHer iS mEAN".

      11 replies 5 retweets 66 likes
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    4. siwatanejo  🌋‏ @siwatanejo Jul 16
      Replying to @paoloardoino

      no, you don't get it; it's not that we don't trust that tUSD is properly backed, it's that we only trust decentralized currencies, and there's nothing as decentralized as bitcoin

      2 replies 0 retweets 0 likes
      Paolo Ardoino‏Verified account @paoloardoino Jul 17
      Replying to @siwatanejo

      I agree with that. I'm a bitcoiner and there is nothing like bitcoin. Full stop. Still in my opinion Tether has an important role and does not deserve the FUD is being spread.

      12:09 AM - 17 Jul 2021
      • 1 Like
      • Daniel
      1 reply 0 retweets 1 like
        1. siwatanejo  🌋‏ @siwatanejo Jul 17
          Replying to @paoloardoino

          I don't think it's FUD, any centralized shit is as good as USD: trash.

          0 replies 0 retweets 0 likes
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