BTCyourmind on Nostr: 🚨 Is Tether a Bitcoin Company? 🚨 Samson Mow’s recent claim that Tether is a ...
🚨 Is Tether a Bitcoin Company? 🚨
Samson Mow’s recent claim that Tether is a Bitcoin company raised critical questions in my mind about Tether’s role in the financial system and its alignment with #bitcoin’s core principles.
In my latest article, I dive deep into why Tether’s operations—particularly its issuance of USDT and its massive investments in US Treasuries—fundamentally contradict Bitcoin’s mission to replace the current exploitative financial system.
🔑 Key takeaways:
🟢 Tether’s USDT is effectively “printed out of thin air,” backed by fiat currency that is itself debt.
🟢 By purchasing US Treasuries, Tether indirectly finances US debt and military operations, propping up the very system Bitcoin seeks to dismantle.
🟢 Tether’s centralized control and reliance on third-party trust starkly contrast with Bitcoin’s decentralized, trustless ethos.
This isn’t just about Tether—it’s about the broader implications for #bitcoin’s role in challenging the global financial order.
👉 Read the full article to understand why Tether is not a #bitcoin company and why this distinction matters for the future of #financialfreedom #decentralization & #sovereignty:
https://yakihonne.com/article/naddr1qvzqqqr4gupzpm2hwjkgfac2ncw2zsp8up773ejrem6aeulrtyexdzrtkazkz8zuqq2h5vj0t9fx55zcgsensj26xcm9znt3xay8vdvsdha
Samson Mow’s recent claim that Tether is a Bitcoin company raised critical questions in my mind about Tether’s role in the financial system and its alignment with #bitcoin’s core principles.
In my latest article, I dive deep into why Tether’s operations—particularly its issuance of USDT and its massive investments in US Treasuries—fundamentally contradict Bitcoin’s mission to replace the current exploitative financial system.
🔑 Key takeaways:
🟢 Tether’s USDT is effectively “printed out of thin air,” backed by fiat currency that is itself debt.
🟢 By purchasing US Treasuries, Tether indirectly finances US debt and military operations, propping up the very system Bitcoin seeks to dismantle.
🟢 Tether’s centralized control and reliance on third-party trust starkly contrast with Bitcoin’s decentralized, trustless ethos.
This isn’t just about Tether—it’s about the broader implications for #bitcoin’s role in challenging the global financial order.
👉 Read the full article to understand why Tether is not a #bitcoin company and why this distinction matters for the future of #financialfreedom #decentralization & #sovereignty:
https://yakihonne.com/article/naddr1qvzqqqr4gupzpm2hwjkgfac2ncw2zsp8up773ejrem6aeulrtyexdzrtkazkz8zuqq2h5vj0t9fx55zcgsensj26xcm9znt3xay8vdvsdha