Post
Topic
Board Bitcoin Discussion
Re: Why not use Tether instead of Bitcoin ?
by
Strongkored
on 14/07/2022, 02:41:35 UTC
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 ...
Because Tether is centralized and controlled by a company it means that your finances are controlled by an institution and they have the ability to do anything with tether, even print more for the benefit of the company, so bitcoin cannot be compared to tether even by other coins