/biz/ - Business & Finance

[Anonymous No.56925028]

>He Tethered

[Anonymous No.56925049]

I don't violate US sanction laws so idc

[Anonymous No.56925052]

>>56925028
lmao

[Anonymous No.56925065]

Lol they had like 2 years to just move your funds to another address. Sanctioning addresses is so fucking stupid.

[Anonymous No.56925091]

>>56925065
so if a hacker or terrorist with a large tether address just airdrops to a bunch of random addresses how would they handle a situation like that?

[Anonymous No.56925099]

>>56925028
>Stablecoins
Disgusting.

[Anonymous No.56925190]

>>56925091
They don't, they sanction an single address because they have no fucking clue how blockchain works. If they're address get sanctioned, literally just move your coins to another address before tether freezes it.

[Anonymous No.56925195]

>>56925049
ngmi

[Anonymous No.56925238]

>>56925190
>they sanction an single address because they have no fucking clue how blockchain works

How does this cope still exist in current year? Tether is a token for christ sake. They are controlled by a single entity.

[Anonymous No.56925329]

>>56925238
No shit. No actual sanctioned person holds dirty money in tether. That's retarded. All the sanctioned addresses are mixers or services, so the money frozen is basically a bunch of little guys, were not talking Russian oligarchs or north korean here, we're talking about the Venuzualan with 0.50 cents in tether who was trying to buy food to feed his family and the payment service got frozen by the US gov. Or people who used tornado but for some reason kept it in tether for 2 years after they got sanctioned.

If you are actually a sanctioned person with crypto you just hold actual crypto and don't give a fuck.

[Anonymous No.56925390]

>>56925329
Hard to say how much any of these groups or individuals hold actual tether or convert immediate or a mix thereof.

Really the only thing you could discern is there is a ton of dirty tether that will be frozen legitimately or otherwise. Could very well cause a liquidity crunch which could make the BTC (and others) extremely volatile in either direction.

There is a further chilling effect this could cause on people who want to use Tether legitimately.

[Anonymous No.56925415]

>>56925390
Welcome to fiat, lol. Every 1:1 backed stablecoin is essentially at the mercy of the US banking system because even if you couldn't freeze the token you can just rug the back end reserves.

[Anonymous No.56925463]

>>56925415
which is why an algorithmic stable will win in the end

[Anonymous No.56925472]

>>56925415
>at the mercy of the US banking system
Why do Americans always think whole world revolves around them.

For example I use my own counties stable coin provided by non custodial exchange here.

https://nzdd.com/

If any Amerifats wanna put there money into kiwi bucks. Pretty sure despite having to comply with FMA here they don't have any mechimism to freeze funds etc like teether.

[Anonymous No.56925482]

>>56925028
fucking LOL

[Anonymous No.56925491]

>>56925390
in the scenario where all the dirty tether gets airdropped to a bunch of legit addresses where they are once again moved around by those legit owners what is the token authority's solution for that? they cant do shit about it

[Anonymous No.56925494]

>>56925472
>Why do Americans always think whole world revolves around them.
The UNITED STATES dollar revolves around the UNITED STATES, retard. You are talking about a NEW ZEALAND stablecoin.

[Anonymous No.56925497]

>>56925491
yes, that's called dusting

[Anonymous No.56925501]

>>56925463
Or just use btc/eth as a unit of account.

[Anonymous No.56925503]

>>56925494
>Welcome to fiat, lol. Every 1:1 backed stablecoin is essentially at the mercy of the US banking system
> Every 1:1 backed stablecoin is essentially at the mercy of the US banking system
>Every

You are the retard.

[Anonymous No.56925540]

>>56925503
this threads about tether which is USD. 99% of stablecoins are US dollar stablecoins, fuck off with your new zealand shit.

[Anonymous No.56925541]

>>56925463
>which is why an algorithmic stable will win in the end
already been tested, it wont

[Anonymous No.56925548]

>>56925541
Depends if you consider backed stablecoins like DAI "algorithmic," because DAI if it didn't use centralized stablecoins as collateral would be a really good alternative.

[Anonymous No.56925574]

>>56925540
You got caught being retarded, cope harder. New Zealand Dollar is perfectly stable trusted currency so why the fuck would you even fuck around with teether if you really want to park your money in USD anyway use something like DIA.

teeth is the biggest glowie scam out I have no idea on earth why anyone would use it.

For example tiny little NZD stable coin has been fully audited yet teether refuses to be and some how they allowed and people still use them.

USA is such a fucking backward place.

[Anonymous No.56925589]

>>56925574
>being this pedantic
autism

[Anonymous No.56925599]

Office of Foreign Assets Control

That is some Soviet shit right there

[Anonymous No.56925639]

>whirlpool bitcoin
>ringCT monero
>tornado ether
>shielded zcash

why would anyone go through a stable with admin keys?
if you want a USD synth just borrow crvUSD
or frax dollars

[Anonymous No.56926018]

>>56925028
THIS MAKE ME SAY O FAC!

[Anonymous No.56926166]

load up ze tether FUD