Oddbean new post about | logout
 
https://nostrage.com/media/public/bc9fe15e9438326383432b7b440fb45b4380f8f847045bc10d93018930de5c89.webp#m=image%2Fwebp&dim=502x960&blurhash=%5D37nRS%25MIU%25M9F%25MM%7Bxut7M%7B%25MM%7B%252t7Mx%25NIUxut7M%7B%25MM%7B%252s%3AM%7Bj%5DM%7Bxut7RjxuM%7BxuofM%7B%7EqM%7BoKxuIUt7M%7Bxut7M%7B&x=f0936c84491a7574b279e48fb8d39759be7fcf2108cb1feebc2f36a7f842b8f7


https://image.nostr.build/3fa50fcf4bf8e142f6eb4eaf4139a50185935ca6f6faa88d04f6c0814b3b2786.jpg#m=image%2Fjpeg&dim=864x425&blurhash=Z38%7C%40dD%25%252%7EW00%7Eq9FWBM%7B_44T%7EW%25M4n_NIUxZR%2CjFIU%25MxtIU-%3BV%40WBt6x%5Dt7Ria%23axa%23WCaefl&x=98ce07e2ae0c090f199fb01b8489b7d0a36fbe33bdfcd264145f640673cc8179 
 "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. 
 Well that’s good, but it doesn’t change that they very, very likely **can** record all of that information if they chose. I suspect for usability it’s just requesting information directly from their nodes. Unless it’s neutrino of something, maybe we will have a better idea when it’s open sourced. Would be really awesome if it was neutrino based, but I doubt it. 
 Personally I won't use any wallet that cannot be connected to my electrum server, but I understand that they are solving real issues in LatAm with this product. Anyway, they just launched and it is practically a beta. No dark mode ffs! Lol