And here I would like to ask some questions in plain English: Who is managing USDT and its clones (any sort of the Fed there?); What are the rules (on-chain or not?); Does pegging really work? Too many blind spots for something that should be straightforward. Money has a pretty simple set of rules do deliver moneyness, and not to be limited to unit of account (USDT) or to store of value (Bitcoin).

So if Bitcoin is not money, and USDT is limited to those who trade in U.S. dollars (mostly countries with doomed political or economic regimes), what is the answer?

I have mine and will be back in a few days, but I am eager to hear your opinions.

8 comments

minter this is real bitcoin
Oleg Grozin
bitcoin isn't real bitcoin ?
I guess he means that Minter represents the real digital cash model, not a collectible.
TON & Minter is the real blockchain
Но к чему-то мы должны как-то «привязаться»... ориентиры то должны быть... или нет? / but we need to peg to something... do we need any (reference) point?... or not?
We don't need peg to something,,because pegged can be manipulated
I don't see my balance anymore why?