Why do people not promote Tether instead of Bitcoin?
Is it because there is no money to be made in Tether?
Isn't the whole idea of Bitcoin to have a decentralized network that is useful and fair? Isn't that Tether?
1:1 seems fairer than 1:20,000 ...
It is not the same at all? It is not as decentralized as you think. Tether is owned by a centralized company. I guess you didn't know that they can even freeze your wallets, reverse the transaction and remove your funds anytime they want (like banks can freeze your funds and bank account)? Google "tether freeze funds" and you will know what I am talking about. You might also think that it is 100% backed by US dollars, but it isn't. So stop comparing and saying that tether is better than bitcoin.