Comment on Bitcoin is Stupid and Does Not Deserve an Emoji (blog post)

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deafboy@lemmy.world ⁨1⁩ ⁨month⁩ ago

Unbacked tokens. You mean like Tether?

Exactly like Tether. USDT was never backed 1:1 by USD. They don’t even try to deny it anymore. They admit it’s backed by “various assets, including BTC”, which smells like a market manipulation.

How does Taler promote taxation?

“Customers can stay anonymous, but merchants can not hide their income through payments with GNU Taler. This helps to avoid tax evasion and money laundering.”

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