the news From Usdt (Tether) coming to Bitcoin and Lightning via Taproot origins have been met with various reactions.
Some believe it is a good thing for Bitcoin (in fact, based on a small survey I conducted on X;
The USDT on Bitcoin and Lightning is:
(Please share why in the comments and please RT after voting.)
Frank Corva (@Frankcorva) February 13, 2025
“Others” include me – I am not very enthusiastic about that.
However, I tried to be open.
I recently appointed Jesse Sherrade, co -founder and CEO of Amboss, a company that provides an intelligent payment infrastructure for the payments made on lightning, and is a supporter of USDT on Bitcoin and Lightning, in the efforts made to find out what I might be missing on the benefits of power To deal with US digital dollars on lightning.
In my interview with shrader, presented the following points:
- Usdt has proven that there is a demand for US dollars worldwide
- Usdt is a huge payment mechanism. More than 10 trillion dollars of payments were treated in 2024, and more than MasterCard, and some these percentages will now be made on lightning
- Usdt will bring more liquidity to the lightning network, which will help the network grow and deal with the largest payments
From the perspective of work, it is difficult to say that the above are not good reasons for bringing Usdt to lightning. As someone who believes people should be free to use any money they want, I cannot argue with them when looking at them through a practical lens.
However, I think the USDT fetched to Bitcoin and lightning comes at a price.
One dimension of this price is technical, while the other is philosophical.
At the technical level, it is possible that the operation of USDT via Bitcoin and Bitcoin is at risk.
If we see Bitcoin another harsh thorn similar to the one that we saw during the bloc war, bigger Economic contract On the Bitcoin network, such as Coinbase, which runs a lot of bitcoin that supports the immediate etFs of Bitcoin, you may choose to support the “rope thorn” network, which can also include other changes on the network that can at risk Bitcoin in the long run.
In other words, if the proverbs of Coinbase and Tether and some other major players support Bitcoin and pressure for “Tether Fork”, then the other major economic contract will follow its example.
What's more, it is possible that every person uses USDT support on Bitcoin and Lightning this side of the fork, because the USDT that remains on the “Tether” chain is unlikely.
Lynn Al -Baden wrote about this in her article.Proof of Creativity and Stablecoins: Central dilemma Blockchain”
“The guards can fill the value of all stablecoins on any side of the fork they do not look at it as correct,” said in the piece.
It was granted, that aldeen was referring to groups of smart contracts such as ETHEREUM and Solana, which depends heavily on Defi, which Stablecoins is a major component, when I wrote this, but the same will apply to Bitcoin. (Aldeen was right in this claim, as we saw when Ethereum turned from proving work to the mechanism of consensus on supply during the year 2022.Integration“
The post -movement exporters, such as Circle and Tether, continued to support the distinguished US dollar on ETAREUM, and not ETHEREUMPOW (ETHW), the old series that continued the management of the algorithm consensus of work.)
It can play the same type of scenario with Bitcoin in the case of dividing the series, giving Tether a huge amount of energy on Bitcoin.
Another reason for Usdt not admiration for bitcoin is a philosophical cause.
Bitcoin, which was launched in the world in the wake of A major financial crisis from 2007-2009It was created as an alternative to the US dollar.
At that time, the dollar was printed a lot (That is, a value reduction) to save the same banks that caused the crisis.
Bitcoin has been created, money that cannot be printed in government or central bank whims, to compete with the US dollar, and not to help its engrave.
Usdt, a mechanism used by the United States government to support the dominance of the US dollar around the world, to Bitcoin you feel I am morally wrong for me – and I am not here for that.
Therefore, at the practical level, I understood the reason for some to reach the next USDT to Bitcoin and Lightning. I only think that many miss the largest image in the bitcoin coin have been placed in a weak position and had a part of a proposal of its value that overwhelmed it (albeit only temporary) as a result.
This article is a Take. The opinions expressed are fully author and do not necessarily reflect the views of BTC Inc or Magazine Bitcoin.
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