MichaelSmith
Wed Mar 27 2024
|
6 answers
1462
Can I make money from USDT?
Hello, I'm a beginner in the crypto world and I've heard about USDT, which is said to be a stablecoin pegged to the US dollar. I'm quite interested in it and want to know if there's any opportunity to make money from investing in USDT? Should I buy it now or wait for a better timing? And what's the risk involved? I hope you can give me some advice. Thank you!
CryptoBaron
Wed Mar 27 2024
|
7 answers
1263
Does the creator of Bitcoin make money?
Excuse me, I'm a bit confused about Bitcoin. I've heard a lot about it lately, but I'm not entirely sure how it works. One thing that's been puzzling me is: does the creator of Bitcoin actually make money from it? I mean, if someone invented this whole system, wouldn't they have some sort of advantage or financial gain? Or is it all just distributed evenly among the users? I'm just curious to understand the economics behind it. Could you please clarify this for me?
Chloe_jackson_athlete
Wed Mar 27 2024
|
5 answers
1475
How does USDT make money?
Could you explain to me how USDT generates revenue? As a cryptocurrency enthusiast, I've been hearing a lot about it lately, but I'm still unclear on its exact profit model. I understand that USDT is pegged to the US dollar, but what's the mechanism behind its value retention and how does it generate income for its issuers? Is it through transaction fees, interest on deposits, or some other means? I'd appreciate it if you could break it down for me in a simple and understandable way.
