Villatrax on Nostr: Also add to the mix Lugano and El Salvador. I went to the Plan B conference in Lugano ...
Also add to the mix Lugano and El Salvador. I went to the Plan B conference in Lugano for 2 weeks and they are entirely bought and sold for by Tether. Their point of sales machines they are rolling out link back to Bitfinex accounts to rehypothecate customer BTC (the shop can choose to receive CHF (default) or BTC on the custodial account. Tether is also registered in the US Virgin Islands, so if they blow up, there is little recourse for a swiss town to get its citizen's funds back. El Salvador via Max Keiser et. al. seems to be bought and sold by Tether. They used to be anti-shit-coin but Tether now seems acceptable for them (ETH and Tron rails?!?!). Also there's the whole volcano bonds thing sponsored by Bitfinex...
Published at
2024-01-07 19:30:15Event JSON
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