Lincoln21M on Nostr: Tether can freeze any account balance, invalidating it from being traded. Tether can ...
Tether can freeze any account balance, invalidating it from being traded. Tether can flag any account to say it isn’t convertible to USD. Then the wallet software would pick that up, say it’s no good, and stop any transactions.
Tether is centralized. Just because the rails aren’t doesn’t make the USDT suddenly un-censorable.
Published at
2025-04-13 15:48:22Event JSON
{
"id": "c626b463360205cebeeadaeb694e88231297ed361dc821d465d486d4817fa86d",
"pubkey": "5a033f8eae06e18f11935fd9f69df82f7619af90bedff418395de4fb151f153d",
"created_at": 1744559302,
"kind": 1,
"tags": [
[
"e",
"e37cbb9590cd62f1dea69f3306124011a9efc5c183a2e943d9722d83c6e5274b",
"wss://nostr.mom",
"root"
],
[
"e",
"66ed5930b05f7e0884b2faa78acf2667a9b9a8b4353eff7834e9af575354fe16",
"wss://a.nos.lol",
"reply"
],
[
"p",
"141daddd351f42428d260c0692dc5d2ea4db7fd51419760f404992131df80a3f",
"",
"mention"
],
[
"p",
"2af01e0d6bd1b9fbb9e3d43157d64590fb27dcfbcabe28784a5832e17befb87b",
"",
"mention"
],
[
"p",
"5a033f8eae06e18f11935fd9f69df82f7619af90bedff418395de4fb151f153d",
"",
"mention"
]
],
"content": "Tether can freeze any account balance, invalidating it from being traded. Tether can flag any account to say it isn’t convertible to USD. Then the wallet software would pick that up, say it’s no good, and stop any transactions. \nTether is centralized. Just because the rails aren’t doesn’t make the USDT suddenly un-censorable.",
"sig": "39a50c3467f583b27b2bf15e0c4dec2daf2cbfa77ee438028df767fcf38be829a31aaadab4278849e33c0df1d865ae6f9ca8fadbb264e6da7ac23e1e916b87a3"
}
