Oddbean new post about | logout
 "Trust me, bros!" vibes.

They prepared the shitcoin networks for USDt, though. Priorities I guess. 
 It's mainly built for users in LatAm, where the easiest way to escape their currencies and transact is in USDT (usually over Tron).

https://twitter.com/FootprintShow/status/1742878757361455391?t=uq86zIvu-YgIriGe0R2WwA 
 This is an important point. And it's hard to weigh trade-offs where some things are a slippery slope but other things are worth the risks. I have never been completely comfortable with blockstreams relationship with tether but I also see that there are real world reasons why it is useful like the one just described.