U.Today – Paolo Ardoino, CEO of USDT issuer and CTO of BitFinex, made a surprise statement on X today, sharing a number of interesting thoughts on (BTC).
Among other things, Ardoino described Bitcoin as an alternative to human finance. No one can change it and no one can tame it, says the prominent cryptocurrency figure. Bitcoin will always be available when needed, Ardoino continues, positioning the cryptocurrency as a financial resource that will remain unchanged in the developing world despite volatility.
The comments from the head of the largest stablecoin reflect the common belief among cryptocurrency enthusiasts and investors that Bitcoin is a safe store of funds and a hedge against the overly volatile intrinsic value of traditional currencies. He is convinced that cryptocurrencies are here to stay, regardless of the economy or market fluctuations.
The people's money
Ardoino is not alone in his view. He also agrees with many in the crypto community that Bitcoin's main strength is its decentralized nature. Unlike fiat currencies, which are subject to government and institutional control, Bitcoin operates independently.
Ardoino's words, in particular, coincide with the statements of Robert Kiyosaki, Elon Musk, CTO David Schwartz, Peter Brandt, Michael Saylor and many others. All of these people, experts in their own field, decided that BTC is the “people's money.”
This article was originally published on U.Today
