USDT Creator Provides Surprising Definition of Bitcoin

Paolo Ardoino, the CEO of the USDT issuer and CTO of BitFinex, made an unexpected announcement on social media today, sharing several intriguing insights about Bitcoin (BTC).

Ardoino characterized Bitcoin as a safeguard against traditional finance, emphasizing that it is immutable and cannot be controlled or subdued. He asserted that Bitcoin will always be accessible when needed, positioning it as a reliable financial resource that remains constant in the face of a changing world, despite its inherent volatility.

His remarks reflect a widespread sentiment among cryptocurrency enthusiasts and investors that Bitcoin serves as a secure store of value and a hedge against the unpredictable nature of traditional currencies. Ardoino is confident that cryptocurrency will endure, regardless of economic or market fluctuations.

### People’s Money

Ardoino’s views resonate with those of many in the crypto community, who believe that Bitcoin’s primary strength lies in its decentralized nature. Unlike fiat currencies, which are influenced by government and institutional authority, Bitcoin operates independently.

His statements echo those of numerous notable figures, including Robert Kiyosaki, Elon Musk, CTO David Schwartz, Peter Brandt, and Michael Saylor. These experts share the perspective that BTC represents “people’s money.”