Long regarded as an impending black swan, Tether has successfully weathered out the contagion and bank runs caused by Luna’s collapse in the depths of the 2022-2023 bearmarket. Since then, a large portion of Tether’s reserves has been shifted to treasury bills, which are the closest dollar proxy, positioning Tether among the top 20 holders of T-bills, worldwide. However, navigating the Tether FUD was not the first rodeo for Paolo Ardoino, as he has also previously led Bitfinex, which successfully recovered after a $72M hack, back in 2016. The worldwide adoption of USDT, especially in emerging markets and developing economies, serves as a testament to Tether’s commitment to create a product with tangible real-life applications.

Topics discussed in this episode:
- Paolo’s background
- How Bitfinex succeeded
- DEX vs. CEX UX
- Entrepreneurship and company culture
- Founding Tether and its use cases
- Expanding Tether’s cross-chain support
- Tether’s reserves and long-term vision
- Stablecoin wars: BUSD & USDC
- Decentralized stablecoins and bank runs
- The potential of diversifying physical backing
- Holepunch & Keet - the P2P renaissance
- Incentivising P2P interactions

Links mentioned in this episode: 
- Paolo Ardoino on Twitter: https://bit.ly/3JBVYdi
- Tether on Twitter: https://bit.ly/4b5CdY1
- Bitfinex on Twitter: https://bit.ly/3w97AkW
- Holepunch on Twitter: https://bit.ly/3JyaL8Y
- Keet on Twitter: https://bit.ly/3xSyGxg

Sponsors: 
- Chorus1: Chorus One is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at chorus.one - 
- Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at gnosis.io -

This episode is hosted by Brian Fabian Crain & Friederike Ernst. Show notes and listening options: https://epicenter.tv/545

Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies

#545 Paolo Ardoino: Tether – Is Tether's USDT Safe?

完成 KYC 流程，在 Bitfinex 上从基础交易体验过渡到专业交易体验。本文概述了 Bitfinex 的综合优势，包括优先客户支持和使用独家交易功能，确保您在交易之旅中获得最大收益。

从基础到专业：Bitfinex KYC 如何提升您的交易体验

Fire of Freedom

El Salvador 2.0 is here and ready to fix the money and fix the world, come and see with your own eyes, take an orange pill and fly, straight away to paradise.

This song was created for El Salvador and Adopting Bitcoin 2023, thanks to Bitfinex and in honor of the Freedom Manifesto they released the same year at Lugano's PlanB Forum. 

The Orange Pill Jam Project was born in Lugano's PlanB Forum 2022, in 2023 we had our launch party in Lugano and a few weeks later we had the amazing opportunity to perform again in San Salvador at Adopting Bitcoin. 

We had an amazing time and we love El Salvador. Nayib Bukele made Bitcoin legal tender on the 7th of September 2021, making El Salvador the first country to do so and thus becoming a symbol of hope and freedom for all the inhabitants of the earth. 

This historic event changed the course of history and ushered in a new era of prosperity, peace and individual sovereignty, based on the scarcest commodity on the planet, Bitcoin, the first and only finite physical digital object. 

Now El Salvador is one of the safest countries on earth, the people are happy, and the children are thriving. 

We want to specially thank, Adopting Bitcoin, Bitfinex, Galoy, Paolo Ardoino, Max and Stacy and everybody else who made this wonderful experience possible and unforgettable. It was absolutely breathtaking, we had lots of fun, and we can't wait to go back again.

| ▌▌| ▌▌▌| ▌▌| ▌▌▌| ▌▌
|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲ ̲|̲

The Orange Pill Jam Project

Present: Fire of Freedom
Lyrics by: Yemoja Uzume a.k.a. The Bitcoin Mermaid
Music produced by: DJ Air Afrique 
Produced @Air Afrique Studio, Zurich

Video Shot: EL Salvador, November 2023

▁ ▂ ▃ ▄ ▅ ▆ █ 100 %

Follow & Support us on:

https://wavlake.com/the-orange-pill-j...
https://x.com/OrangePillJam
https://orangepilljam.bandcamp.com/

♪♫•*¨*•.¸¸♫♪♪♫•*¨*•.¸¸♫♪♪♫•*¨*•.¸¸♫♪♪♫•*¨*•.¸

Lyrics:

*** Ground zero for global bitcoin adoption
presents a novel situation of challenge and motivation
Opportunity to learn, benefiting‍ the‍ ecosystem
Ethical civilization that cares about the population

Circular economy, in sync and with integrity
Decentralized alternatives, sustainable reality
Building state-of-the-art technologies, creating change in society
Moving mountains, with a heart beat and fire running through their veins

Global financial inclusion, financial freedom and solutions 
Cryptographic peer-to-peer, networks and engineers 
Knowledge is the greatest power, power responsibility 
But information longs to be free and so do you and me

We believe that education is the key to create momentum
Privacy is fundamental, freedom of speech essential
Permission-less qualities, are the path of least resistance 
Liberty is a condition, freedom is a decision 

***

A place for you and me, to be safe and to be free
To call home and to grow old, to never ever feel alone 
A place where the turquoise sea, is always 25 degrees 
Where the trees are full of fruit and the fruits are full of seeds

Children playing in the streets, women selling food and drinks 
Men working to keep peace, people dancing at the beach
Geo-thermal energy, to produce endless electricity  
Abundance and quality, through discipline and scarcity 

Hyperbitcoinization against Hyperinflation 
Low time preference state of mind against the fiat parasite 
It’s the next step in evolution, not another revolution
The new land of the free, come and visit to believe 

We are adopting bitcoin and bitcoin adopting us 
With the freedom manifesto, we are manifesting love  
Don’t trust verify, come and see with your own eyes 
Take an orange pill and fly, straight away to paradise

***

Fire of Freedom

Bitcoin Music 4 Hyperbitcoinization 

The Orange Pill Jam Project, is a copyleft, open source, Bitcoin only music collective. 
Contributing to Bitcoin adoption and education, with high quality PoW Sound and low time preference lyrics.

Mixing traditional types of music with modern beats and effects that make you move, groove and dance.
We want to create music that embodies Bitcoin values, such as a healthy mind and body, sustainability, no borders and freedom.

Dive into a fresh and tropical Gypsy-DUB, Afro-Latin, Hip-Hop Fusion, have fun and Bitcoin.

• If you wish to contribute, let the SATs flow on our Geyser Crowdfunding campaign (link ↓) 
• Or do it directly over Lightning: orangepilljam@walletofsatoshi.com 

No amount is too small. 

Don’t forget to follow us on socials and other platforms (links ↓) 
Enjoy, stay up to date, engage, network, or maybe even join us!

在币安上以低廉、合理的价格购买经过充分验证的账户。我们提供价格最优惠、经过完全验证且 100% 安全的个人和商业币安账户。

Epicenter is a podcast about the technologies, projects & people driving decentralization and the global blockchain revolution.

Epicenter is hosted by Brian Fabian Crain, Sebastien Couture and Meher Roy. Every week, we find the most interesting people in the industry for in-depth discussions about their projects, ideas and stories.

New tracks tagged #Bitfinex