06-23-2021, 01:24 AM
Please do your part and don't engage with USDT
<!-- SC_OFF --><div class="md"><p>It's that simple, the actual market cap of USDT isn't as large of a problem as the sheer volume of trade facilitated through it, the competitors are well over 50% of it's market cap now (and expanding rapidly as people cotton on to the fact it's a Ponzi).</p> <p>If given an option to buy in with an alt rather than USDT, or to trade directly via FIAT, please take that option. Please don't store your value in USDT, please use audited competitors like USDC. </p> <p>Not only will this make it harder for them to mint more USDT due to falling demand, but it will also assist in minimising any potential bank run (if one occurs).</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/chance_waters"> /u/chance_waters </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o5inle/please_do_your_part_and_dont_engage_with_usdt/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o5inle/please_do_your_part_and_dont_engage_with_usdt/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It's that simple, the actual market cap of USDT isn't as large of a problem as the sheer volume of trade facilitated through it, the competitors are well over 50% of it's market cap now (and expanding rapidly as people cotton on to the fact it's a Ponzi).</p> <p>If given an option to buy in with an alt rather than USDT, or to trade directly via FIAT, please take that option. Please don't store your value in USDT, please use audited competitors like USDC. </p> <p>Not only will this make it harder for them to mint more USDT due to falling demand, but it will also assist in minimising any potential bank run (if one occurs).</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/chance_waters"> /u/chance_waters </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o5inle/please_do_your_part_and_dont_engage_with_usdt/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o5inle/please_do_your_part_and_dont_engage_with_usdt/">[comments]</a></span>Kind Regards R