1
Nigerian Languages / Re: USDT vs Bitcoin
« on: Today at 07:06:12 PM »Usdt is mostly used to secure investment especially when trader are trading and there is market fluctuations like uncalled dip at this point the trader can easily stop trading and secure their funds in exchange using usdt or any stable coin on exchange such dai, usdc and any other currency that serves as stablecoin. I don't they should be compared together because both has no similarities and one is centralized while the other is decentralized currency.I don't think it is because USDT is a stablecoin and that is why the network is very fast. But it is because the traffic is like much since it is not volatile like bitcoin. Stablecoins are not really too good for people because they think that it would not give them any profit because it is in one one place for a very long time. People like to keep coins in USDT for selling or buying so that they would not lost in the process.There is no need for the comparison of bitcoin to USDT because it does not worth it. USDT is stable and centralized, and that is why it is still the same with fiat usd. Bitcoin might have one or two challenges in fees due to mempool congestion, but that does not mean that it should be compared with vegetables.