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  1. johnarb

    Tether: What part of this balance sheet do we not believe?

    Ok, bro, you are correct I jumped into the conclusion that you refuse to use stablecoins not just Usdt Let me press a little on this Usdt vs Usdc As traders, we always adhere to the market principles to listen to what the market is telling us Usdc has crashed in market cap, while Usdt has...
  2. johnarb

    Tether: What part of this balance sheet do we not believe?

    You have been psyoped by literally everyone into believing that the best version of the US $ is something you will never own any of I bet you will own the FedNow CBDC and be happy you can transfer money to France without any privacy whatsoever
  3. johnarb

    Crypto assets in Asia, and some random thoughts on "Eurodollars" vs stablecoins

    I'm having a difficult time to have a discussion with you on this because we do not have a proper baseline and when you bring up similarities to Ledger, I just don't know what to say You are using hypotheticals to fud the whole crypto assets ecosystem, except Bitcoin, You've chosen erc-20 Usdt...
  4. johnarb

    Crypto assets in Asia, and some random thoughts on "Eurodollars" vs stablecoins

    There are other stablecoins, but Usdt is the biggest one with the most liquidity and wide acceptance in all markets
  5. johnarb

    Crypto assets in Asia, and some random thoughts on "Eurodollars" vs stablecoins

    I'm a Bitcoiner so this thread is not about USDT vs bitcoin, in fact, I did not mention bitcoin in the title nor in the OP Nope, I would not recommend holding "a significant portion of wealth" in USDT, or USD paper cash or USD in banks. Only hold in fiat what is needed for liquidity, living...
  6. johnarb

    Crypto assets in Asia, and some random thoughts on "Eurodollars" vs stablecoins

    USDT is not only an ERC-20 token, it also exists on other chains as a BSC-20 for example or TRC20 It is horrible having to pay more than a typical local laborer's day wage in Ethereum fees, iow most Asian crypto users avoid the Ethereum network like a plague when they can help it USDT is...
  7. johnarb

    Crypto assets in Asia, and some random thoughts on "Eurodollars" vs stablecoins

    I was going to just post a reply on this thread https://elitetrader.com/et/threads/post-for-redduke-on-usdt-funny-business.375543/ but I wanted expanded topic To start off, I wish there were more posters on the Crypto Assets forum from Asia or even from places like Turkey, Argentina and...
  8. johnarb

    Post for @RedDuke on USDT funny business

    In order to redeem USDC for USD, there are strict KYC-AML stuff. This is the same for any stablecoin cash redemption including USDT and GUSD. Not everyone can do this Imagine if there was no such control, you literally had the biggest criminal thief in crypto Sam Scammerman-Fraud that could...
  9. johnarb

    This is why you need bitcoin...

    I like Scarecrow, but would prefer Joker, anyway dunning-krugger effect seems to have triggered you the first time I mentioned, and this thread seems to have triggered you as well, you have been very active Listen, when the Roman empire was crumbling, gladiator games were to distract I thought...
  10. johnarb

    This is why you need bitcoin...

    Dr. Krugger, I agree with you that Bitcoin is for those people... but this might be a bit much for you as your mental capacity has been used up by all the complex math stuff of financial engineering stuff like that... Bitcoin can be used for so much more Ok, take it in slowly, Dr. Krugger...
  11. johnarb

    This is why you need bitcoin...

    Nice try Dr. K However, to your point, it explains a lot why Mr Fink and Blackrock are all of a sudden a big fan
  12. johnarb

    This is why you need bitcoin...

    based af "neutrality is a principle in itself... neutrality is the most important principle in Bitcoin" -Andreas gave this lecture 10 years ago, but it seems more appropriate had he given it yesterday I wish we were not on opposing side of the Bitcoin debate, but it is what it is and I find...
  13. johnarb

    This is why you need bitcoin...

    I already said for personal reasons... but an analogy would be sufficient... i.e. Someone very close to me is an elected official from the Democratic party
  14. johnarb

    This is why you need bitcoin...

    I feel like a hypocrite without proper disclosure that for personal reasons I will be voting on a democrat candidate on every election in the future This is not because of political views or personal opinion of policies of the parties. I am against left wing extremist views I just want to be...
  15. johnarb

    This is why you need bitcoin...

    The thread is actually way beyond a mere company I hate to speak for the OP, but the title seems pretty clear "why you need bitcoin" and the words in the first post speak of the importance of sovereign individual The title did not say "why your company or why a company needs bitcoin" Let me...
  16. johnarb

    This is why you need bitcoin...

    You went from being so sure you were willing to bet there was an explanation given to the account holders to now, they should sue Sue JPM Chase with the best and highest paid lawyers? You need to stop being a Chase bankster apologist and ass-licker
  17. johnarb

    This is why you need bitcoin...

    Your guess does not make sense, especially as it pertains to personal accounts of spouse and child. It sounds like cope to me, anyway, all speculation, at least you acknowledge it's unacceptable Bitcoin and cryptos are not interchangeable. Surely someone of your advanced intelligence would not...
  18. johnarb

    This is why you need bitcoin...

    Why do you switch crypto for bitcoin? Not the first time you've done this Bank accounts are closed even personal ones, no one knows why, no explanation.... and this is acceptable to you?
  19. johnarb

    This is why you need bitcoin...

    You flipped flopped 3 times taking contradictory positions "no one knows the reason" to "there was possible explanation" to now again "no reason needed for private business not to do business" It's all good. JPM Chase banksters are the salt of the earth, would not allow money laundering...
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