Post
Topic
Board Altcoin Discussion
Re: Tether vs True USD?
by
beerlover
on 11/02/2019, 15:29:28 UTC
Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy
Tether is really nothing I will ever use. I never used it and I will continue not using it. True usd is always the correct version to use.

Why would I use something that represents dollar when I can actually get dollar itself. It makes no sense to have a stable coin for something that already exists, bitcoin is not the digital version of another thing, bitcoin is what bitcoin is, tether just acts as if it was dollar when its not.

Also there was a whole news cycle about how they store their "billions of dollars" in some shady bahama bank where even the mafia puts their money in and drug dealers of Latin america as well so there is no point of trusting the tether company behind the stablecoin neither since they are shady as hell and do not look like they will continue for a long time. They may just take all the money and leave and we wouldn't be capable of doing anything since the money is offshore and untouchable. If they put all that money into some trusted countries huge bank then I will reconsider.