Main page News, Bitcoin, El Salvador

Paolo Ardoino, CTO of Tether, the issuer of the stablecoin USDT, has said that judging El Salvador's success only a year after the legalization of Bitcoin as a means of payment is short-sighted given the rapidly changing geopolitical landscape.

He has pointed out that the world could change radically within a few years and has explained:

"It's really disingenuous to dismiss the efforts of countries trying to build their own future around the most solid, open and free (as in freedom) of the currencies: Bitcoin."

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Ardoino has stressed that Tether Limited supports the adoption of digital gold as its goal is financial freedom.

Moreover, he has complained that in Europe (with the exception of Switzerland), the attitude towards Bitcoin, despite the millennial tradition, is "unpromising."

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