paolo

🟢 Tether CEO Paolo Ardoino responds to JP Morgan’s prediction that the stablecoin giant may sell Bitcoin to comply with US stablecoin regulations, stating: “JPM analysts are salty because they don’t own Bitcoin.”
#tether #ceo #paolo #ardoino #jpmorgans

Paolo Ardoino, the CTO of Tether and a prominent voice in the crypto world, recently made a bold statement about the future of finance and society. According to him, global stability is closely tied to how we manage and use money. Traditional financial systems, controlled by governments and central banks, have often been prone to inefficiencies, corruption, and inflationary policies. These issues, he argues, prevent societies from reaching true economic stability.

Ardoino believes that Bitcoin, as a decentralized and borderless currency, has the potential to change this. Unlike fiat currencies, Bitcoin operates independently of any single government or central authority. Its limited supply, transparency, and global accessibility make it an attractive alternative to traditional money. By adopting Bitcoin as the primary currency worldwide, Ardoino envisions a system where wealth is preserved, transactions are secure, and people have direct control over their own money.

He emphasizes that the journey toward a Bitcoin-based economy won’t be easy. It requires education, infrastructure, and adoption at both individual and institutional levels. Yet, he is optimistic that as more people and businesses embrace cryptocurrency, society will gradually move toward a more stable, fair, and transparent financial system.

In Ardoino’s view, Bitcoin isn’t just a speculative asset or an investment tool—it’s a foundation for a future where economic stability is no longer tied to the decisions of a few powerful entities. He envisions a world where financial freedom, efficiency, and trust are built into the very currency we use every day.

Whether you agree with him or not, one thing is clear: Bitcoin is reshaping how we think about money, power, and the future of global society. Ardoino’s statement challenges us to imagine a world where economic stability is achievable not through control, but through decentralized innovation.

The takeaway: The adoption of Bitcoin may not happen overnight, but its potential to create a more stable and transparent financial system is undeniable. Ardoino’s vision pushes us to think beyond traditional money and explore how technology can redefine society itself.
#Write2Earn #Saminakhan #Paolo

Has made a bold move by investing $775 million in Rumble, a growing decentralized video-sharing platform that aims to challenge YouTube’s dominance. This strategic investment comes at a time when Tether’s profits have skyrocketed, surpassing $10 billion in 2024. The deal, announced on December 20, includes an initial cash injection of $250 million into Rumble, alongside an offer to purchase up to 70 million shares at a price of $7.50 each, totaling $775 million. Despite the investment, Rumble’s CEO and Chairman, Chris Pavlovski, will continue to maintain control of the company.

Paolo Ardoino, CEO of Tether, emphasized that this partnership reflects the shared commitment to decentralization, transparency, and freedom. He underscored Rumble’s potential to disrupt the traditional media landscape, where trust in established platforms like YouTube is waning. Ardoino highlighted that Tether’s investment is in line with its broader vision of supporting technologies and businesses that empower individuals and promote societal resilience, with a particular focus on preserving freedom of speech and financial independence.

For Rumble, this investment signals an opportunity to intensify its competition with YouTube, which currently boasts over 2.5 billion active users. Pavlovski made it clear that with Tether’s backing, Rumble plans to target YouTube's market share globally, positioning itself as a viable alternative for users seeking greater autonomy and transparency in content sharing.

In addition to the Rumble investment, Tether has diversified its portfolio significantly throughout 2024, venturing into industries such as agriculture, Bitcoin mining, AI, and education. Ardoino revealed that Tether will end the year with profits exceeding $10 billion, a significant portion of which has been reinvested to strengthen its position in the stablecoin market. Looking ahead, Tether plans to expand into the artificial intelligence sector, with an AI platform set to launch by early 2025, further solidifying Tether’s expanding technological presence in the digital landscape.
#Rumble #paolo #BTCNextMove