Quote from: BlackBoss_ on September 15, 2024, 02:23:46 AM

Quote from: pooya87 on September 14, 2024, 08:56:33 AM

USA or US government did NOT create these shitcoins you named here. They are created by individuals that some of them aren't even American. For example the Tether guys have their headquarters on an island off the coast of Puerto Rico!

STOP advertising these centralized shitcoins that are extremely risky to hold since their companies can freeze your account or even get shut down themselves by the US government.

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets. These centralized shitcoins, they are not actually stable, with their amazing smart contracts, can be used by governments and as mentioned, these shitcoins can be seized even in your wallets.

Stable coins and blacklists
Stable coins: a deep dive into valuation and depegging

That's pretty much right, and rightly so - both stablecoins are backed by the US dollar. It is not designed to sponsor terrorists like the Kremlin, Iran, North Korea, and their other “miscarriages”, so there are blocking mechanisms in place, and there are such cases. If a wallet is found to have toxic ties to terrorists (be it a state or a group), it is blocked, as are dollars in bank accounts belonging to such scum. If you use it within the law, no one will touch you. If you “get dirty” in connections with all sorts of trash - be ready to lose your money, it is normal and right

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Moreover, it should be understood that this is not a cryptocurrency as such with the ideology of anonymity and complete freedom, it is a projection of fiat currency on cryptotechnology. If you don't like it or are afraid - just don't use it, no one is forcing you