USDT Creator Gives Unexpected Bitcoin Definition


USDT Creator Gives Unexpected Bitcoin Definition

  u.today 30 July 2024 13:14, UTC

Paolo Ardoino, CEO of USDT issuer Tether and CTO of BitFinex, made an unexpected statement on X with some interesting thoughts on Bitcoin (BTC). Ardoino described Bitcoin as an option against human finance.

No one can change it, and no one can tame it, said the prominent crypto figure, highlighting its reliability. He conveyed that Bitcoin will always be available when needed, positioning it as a financial resource, which will remain a constant in an evolving world, despite volatility.

Ardoino’s comments reflect the growing view among cryptocurrency fans and investors that Bitcoin is a reliable store of value and a hedge against the ups and downs of traditional finance. He is convinced that Bitcoin is here to stay, regardless of the economy or market swings.

Bitcoin is an option against human’s finance.
No one can change it, no one can tame it.
Whenever you’ll need Bitcoin, it’s gonna be there for you.

— Paolo Ardoino (@paoloardoino) July 30, 2024

People’s money

This is in line with what a lot of people in the crypto community say, which is that Bitcoin’s decentralized nature is its biggest strength. Unlike fiat currencies, which are subject to governmental and institutional control, Bitcoin operates independently, giving users more financial autonomy and security.

The words of Ardoino, in particular, align with statements made by Robert Kiyosaki, Elon Musk, Ripple CTO David Schwartz, Peter Brandt, Michael Saylor and many more. All of these people, experts in their own field, made the choice that BTC is the “people’s money.”

As the conversation around digital currencies evolves, Bitcoin still has the potential to redefine how billions of people perceive and interact with money.

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