Post
Topic
Board Bitcoin Discussion
Re: Why not use Tether instead of Bitcoin ?
by
dataispower
on 14/07/2022, 12:26:07 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 ...
you have an indirect way you answered yourself. People value and invest in Bitcoin because it is a decentralized currency and it is also an asset so having bitcoin as asset is what makes people to value it and be interested to it. I believe that cryptocurrency he said kind of currency that I appreciate people's funds but not like Tether. Tether is stagnant currency which does not add any value when who did why Bitcoin add values and also reduce values thats why some people do not value it.