When I first started talking to traders in the UAE, I noticed something surprising.
Many of them confidently told me:
“USDT is just like Bitcoin decentralized, censorship-free, and safe to send anywhere in the world.”
I smiled.
Not because they were right.
But because they were dangerously wrong.
The Harsh Truth: Tether Can Freeze Your Funds
Recently, Tether froze $1.6 million worth of USDT linked to a Palestinian payment network at the direct request of U.S. authorities.
Now, whether or not you agree with the politics is irrelevant.
The point is simple: they could do it.
Unlike Bitcoin, which operates on a permissionless network, USDT is under centralized control. That means:
- Tether can freeze wallets.
- They can reverse transactions.
- They can comply with government demands instantly.
In other words, your “money” is only yours until someone else decides otherwise.
Why USDT is Even Worse Than Fiat
Think about it. With fiat currency, banks can freeze your account. But USDT goes a step further it’s programmable, traceable, and controlled at the click of a button.
That means:
- It’s not censorship-resistant.
- It’s not decentralized.
- It’s not true financial freedom.
In fact, it has all the weaknesses of fiat money, but in a digital form that’s easier to monitor and control.
The Bitcoin Difference
Bitcoin, on the other hand, is permissionless, decentralized, and censorship-resistant. Nobody can freeze your wallet. Nobody can reverse your transactions. Nobody can stop you from sending value across the world.
This is why I always say:
If you truly want financial freedom, study Bitcoin. Learn what makes it different from every other form of money.
For just one moment, try looking at money through the Bitcoin lens not the fiat lens.
Final Question
So ask yourself:
If a “digital dollar” can be frozen with a click…
Is it really your money?
Or is it just theirs?
👉 What do you think will most traders eventually realize the difference between Bitcoin and stablecoins like USDT?