retards thinking this is good for crypto, say goodbye from tether idiots

>>60645772 (OP)
i would not be holding tether right now

>>60645772 (OP)
There's literally no way for all crypto's to adhere to regulation like this, it's just not possible!

>>60645772 (OP)
Killing tether hurts bitcoin but doesn't kill crypto. This just codified XRP into being the next bitcoin. Stop being a reactionary.

>>60645772 (OP)
Oh, finally.

>>60645779
> XRP enters the chat

good who needs tether when you have XRP (ticker: RLUSD)

>>60645807
LINK will trump in the long run

>>60645815
i guess i could also see LINK being a $1 stablecoin soon, given its price trajectory thus far

>>60645772 (OP)
tether is going to on-shore, it's not a big deal

>>60645772 (OP)

Meanwhile the price of bitcoin: does nothing.

>>60645772 (OP)
This is a good thing for LINK, we dont give a fuck about tether here boy, now fucking scram jeet

>>60645796
>>60645804
>>60645807
where are these bots coming from?

>>60645840
They have to pass an audit proving 1:1 reserves in USD equivalents (i.e. not bitcoin). Even if they on-shored they can't pass the audit so they outright said they're starting over from scratch with a new GENIUS/MiCA compliant coin. Which could take up to 3-5 years for them to get all the needed licensure and audit requirements.
They'll bleed marketshare in the meantime.

>>60645864
>everything I dont like is a bot
Sounds like something a bot would say.

>>60645876
oh well not my problem

>>60645864
Probably from a center in India, they are desperately trying to make people believe that XRP is relevant, which of course is not the case.

>>60645772 (OP)
I hold crcl so I'm literally hoping this is true. Best case is tether goes bankrupt from faking it's holdings, btc crashes due to them having to dump everything they did hold, then I continue to slurp more cheapies next year

>>60645918
I am here since 2016, its a comedy that some niggers still falling for this scam :D

>>60645772 (OP)
>say goodbye from tether
try learning english before connecting to the internet

>>60645772 (OP)
What does the genius act even do?

>>60645922
>then I continue to slurp more cheapies next year
If tether goes, btc is going to stay cheap forever...the only reason btc even reached six digits is tether

>>60646456
The longer wallstreet sucks up btc the less I care about what tether does

>>60645772 (OP)
In English you say goodbye TO things.
Don’t you have a crypto chat room in your own language?

>>60646482
What do you mean?

>>60645772 (OP)
Goodbye tether HELLOOOOOOO RLUSDDDDDDD!!!!!!!!

So looks like the bill gives a 3 year grace period for stablecoin issuers to come into compliance...tether's leader also mentioned that he can simply create a US compliant version of tether (similar to binance vs binance US), so looks like tether (and by extension btc) will be okay.

>>60645864
I had to filter XRP on the catalog.
The pajeetery is reaching dobaggot levels.