Everyone In Crypto MUST Understand Stablecoins (Enemy Of Bitcoin?)

Scammers are getting much worse guys. They are now using my name and logo in comments to trick you. DO NOT EVER send money to someone from the comments or DMS. They are scammers 100%. I do not have anyone who trades for me and manages others money. Be careful!

Great content, as always! I have a quick question: My SafePal wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?

I don't think usdt or any stables for this matter are bitcoin enemies. I bet there it's one of the reasont bitcoin is where it is now

I don't quite understand how Tether can be an enemy of Bitcoin? I think they are on the contrary, created for each other!

Stable coins (usdt/busd/tusd) are a very cool and useful thing, but they definitely cannot be the enemy of BTC in any way!

I will use Tether and DAI as long as possible.

In short… Our.. or should I say the government will tax the hell out of anything they want to. Most of the sheeple in this country will just submit cause they already did! Decentralized Doesn't matter. Those few hundred monsters that dictate over all bazillion of us WILL find a way to ruin our lives even more than already. That is for damn sure.

I am sure that stable coins will be fine. Too much is put on USDT.

Well, it's enough to read more information about Tether, for example, and everything will immediately become clear about stable coins!

Ust! Terra stable coin is decentrized! Safest bet

Great video Ben! Thank you 🙂

Although, most here in crypto space are likely aware of these ideas, many many people are not. CBDCs sound like one of the scariest things I've ever heard, and I don't think average person gets it.

Dollars and traditional banking is already predominantly digital (debit cards, Visa cards, Google pay, etc.). A CBDC is not needed, and there are already technologies such as XRP that can act as the settlement rails to bring banks into the technological improved world of blockchain.

As far as I can see, CBDCs are ENTIRELY ABOUT CONTROL, and no good for anyone, except temporarily for the governments/elites looking to do the controlling.

On a hopeful note, "temporarily", was the operative word in the previous statement. The spirit of humanity is independent and free. These values are inherent to our being, and will persist and pervail always!

6uild 6ack 6etter..

subjects…. 'cough cough', Bitboy isn't just a crypto information source, he's woke about the whole world economic systems and see's through the veil of shadow, I respect you for this brother!

Dude you don't even cover the most underrated projects like ( harmony, gala, etc. ), Ig coz you don't get paid for it or any other reason but start. smh bro

I don't even understand a word he's speaking

So far I am calm for a stable coin. Even despite the latest news about Tether, my trust has not changed

why don't we get rid of government problems solved?

Yep absolutely disgusting really – those tossers in the US government are crapping themselves that the dollar won't be top dog in the future ffs

Are the SEC are pressuring you to push propoganda? Decentralised stable coins like DAI, Terra USD UST, Kava USDX are not backed by fiat and don't have these problems. You know this but you don't mention them at all. Instead you recommend USDC who have recently admitted holding corporate bonds and commercial paper making them as shaky as Tether. Has the government twisted your arm to push USDC? That's the only reason to push this trash.

What about Perth Mint Gold Token on Kucoin, Paxos Gold and Tether Gold. I can't believe you got a Cardano plug into this video when they don't even have a gold token.

CateCoin 🙂

Make a plan and kill the back-music. listening to you with good quality earphones is a pain with the music in the background.

Bitboy / Deezy/Crazy skullz Team / I NEED HELP pls

Just what i was hoping to learn, thanks Ben!

Knocked it out of the park BitBoy, General Bitboy sir.

Pls do a video on superrare token

The US government is a bunch of bullies who just want their share

The digital fiat scares the living s— out of me and should everyone. Like you said, the level of control and censorship from the US government will be unlike anything we've ever seen before. They already want access to every bank count with a balance and transactions of $600 and up, imagine if they could have the level of power a digital dollar would give them? They could easily dictate what it can and cannot be spent on! They may not ban crypto, but they can make it so the digital dollar can't be used to buy it… same with firearms or anything else they want.

Man have you got any TKING yet? It's alt season and the Tiger is pouncing

Lol cringe anybody remember

I will say again, kudos to the copywriter of these style of videos

So what is the best stable coin available for today?

It’s not BIS Ben, it’s BS!

Xrp just setting cant win

Reserve Rights got no mention?

Stablecoins are definitely not an enemy to BTC. At least in my understanding. I just basically use it (mostly tether) to "cash" out and then buy the dip without touching fiat