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RE: LeoThread 2024-10-05 20:15

in LeoFinance5 months ago

I should also clarify: Tether isn't going anywhere.

Took me a while to realize this.

They've simply made too much utility for too many people.

Even if they get shuttered out of the "proper company" of western nation-regulated stables, there's still the whole rest of the world that they effectively bank. And will for a while.

I'm just observing this shift in the game.

https://inleo.io/threads/view/thedessertlinux/re-leothreads-4xatjsh8

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That's the currency everyone use without even noticing here in Venezuela. A lot of people says "I receive Binance" but don't even know the coin they are using is called USDT.

Good point. The utility at this point is too entrenched to just go away easily.