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Topic: Need not just stimulus but usdt stimulus - page 3. (Read 497 times)

legendary
Activity: 2310
Merit: 1422
December 22, 2020, 06:18:59 AM
#11
Do you know anything about the magic behind USDT issuance? Do you know what Tether is in the first place?
Or maybe you want some form of central bank digital currency loaded into your smartphone to buy your candies?
Before opening a thread, make sure you know what you are talking about.
member
Activity: 322
Merit: 14
December 22, 2020, 06:10:06 AM
#10
If I try to understand, you want the government to provide assistance to traders by giving USDT for every USD printed. It imposible , because USD and USDT are different. both in management and creation. USD government owned USDT owned by tether limited company
OP does not seem to understand that. You can't just inject money into something to prevent a collapse, sure it will go smooth for a while but considering that the stimuli is only limited then it is sure that it will also be a limited smooth ride. I think OP is a troll and our replies on his/her thread only feed him/her ego.



I think you are alien!
Yes I think USDT stimulus for active traders are good.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
December 22, 2020, 04:45:17 AM
#9
If I try to understand, you want the government to provide assistance to traders by giving USDT for every USD printed. It imposible , because USD and USDT are different. both in management and creation. USD government owned USDT owned by tether limited company
OP does not seem to understand that. You can't just inject money into something to prevent a collapse, sure it will go smooth for a while but considering that the stimuli is only limited then it is sure that it will also be a limited smooth ride. I think OP is a troll and our replies on his/her thread only feed him/her ego.
sr. member
Activity: 588
Merit: 255
December 22, 2020, 03:40:14 AM
#8
If I try to understand, you want the government to provide assistance to traders by giving USDT for every USD printed. It imposible , because USD and USDT are different. both in management and creation. USD government owned USDT owned by tether limited company
hero member
Activity: 2352
Merit: 594
December 22, 2020, 03:28:13 AM
#7
To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards Smiley

Exchangers is a business so you can't ask or force them to give free money to its users. They also pay taxes to maintain it. They don't force you to trade on their platform if you can't. While stimulus is provided by the government only because to keep the economy going. Without it, there is a possibility that their economy would crash.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
December 22, 2020, 03:10:52 AM
#6
Email the exchanges and suggest that to them.  Smiley
With another $900B stimulus that's about to come next week. There will be a portion of it that might go to bitcoin. We don't know who are those wise receivers will invest it likely to bitcoin.
But just like the first stimulus, it seems exciting that we're going to get to see an impact of it once it's distributed.
jr. member
Activity: 140
Merit: 2
December 22, 2020, 03:05:20 AM
#5
Exchanges will never do unprofitable things. USDT air drop is too much. They have giveaway/competitions but only for really small  % of users
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
December 22, 2020, 01:33:14 AM
#4
Uhm in the first place, a stimulus check is supposed to stimulate the economy, so giving them to traders who would probably just use it to trade crypto/stocks and what not seem to be running contrary to that goal. It may affect it in some way, in which I'm not particularly sure of anyway, but the effect would be minimal compared to giving it to citizens who really need it and would willingly spend it to buy the necessities they lack. Additionally, crypto itself doesn't really need any help imo? It's growing quite well compared to what it was a decade ago, and I have no doubt it would only continue to do so for the next few decades.
copper member
Activity: 70
Merit: 5
December 22, 2020, 12:46:52 AM
#3
So basically, you want to give out free money to traders because they deserve it by trading? Isn't it that exchangers ask for fees because it's their service and it's going to be a kind of refund for the traders themselves. USDT trading is traded very much in several exchanges.

OR

You want the "printed USDT" and have a portion of it because you are still using that stable coin?

Do you have any examples being done by governments with what you are talking about? I doubt there would be crypto-related stuff, but it's possible in other ways as well.

Exactly my point. Yes, government provides stimulus in various sector like housing, agriculture, local businesses but for traders? I never heard of that, at least in my countries.
copper member
Activity: 2870
Merit: 1279
Try Gunbot for a month go to -> https://gunbot.ph
December 14, 2020, 09:15:31 PM
#2
So basically, you want to give out free money to traders because they deserve it by trading? Isn't it that exchangers ask for fees because it's their service and it's going to be a kind of refund for the traders themselves. USDT trading is traded very much in several exchanges.

OR

You want the "printed USDT" and have a portion of it because you are still using that stable coin?

Do you have any examples being done by governments with what you are talking about? I doubt there would be crypto-related stuff, but it's possible in other ways as well.
member
Activity: 322
Merit: 14
December 14, 2020, 09:10:20 PM
#1
To help crypto we need usdt stimulus.

Exchangers should do air drops of usdt to active traders. Yes the government do stimulus and cheap loans but yet this funds are not going in crypto economy so fed should directly start working with USDT and Every time fed printing money there will be USDT airdrops also for crypto traders and active traders rewards Smiley
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