RE: Halt Bitcoin Transfers Immediately July 23, 2017

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Halt Bitcoin Transfers Immediately July 23, 2017

in bitcoin •  7 years ago 

I am looking at Tether as an alternative. Any comments on that would be appreciated.

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USDT is a respectable alternative however there are a few things to keep in mind when using it. The main issue is that theres no underlying asset that secures the value of it. This won't be a problem unless everyone comes calling at the same time for their coins back. Check out this article: https://steemit.com/bitcoin/@ldauch/the-cryptobear-is-coming-for-your-lunch-how-to-protect-profits-in-a-sea-of-red