>>> then you as a peaceful Agorist could get these coins and get in trouble because LE sadly are much powerful than you as an individual
Before accepting USDT, check the wallet address to ensure you do not receive stolen coins and avoid potential problems in the future.
>>> I know I may sound an anti-agorist by all this
Being an agorist does not mean being stupid. LE is obviously stronger than me, so in order to protect myself in advance, if I have to trade with a stranger, I will check their USDT and if they are stolen, I will refuse to do business with them.
There is nothing anti-agorist here, either in voluntary trade or in voluntary non-trade.
I can weigh the potential risks and ask for a bigger discount for these USDT if I decide to accept them. This is an additional risk that I could theoretically expose myself to. This is all market simulation, and if I get arrested and they refer to this post — again, this is market simulation.
>>> because of someone doing bad we stop using a good technology in a good faithful way.
But this is a voluntary choice made by an individual at a specific moment in time. In other words, even if people were being shot in the street for owning Monero, would I still use XMR? Yes, I would. Why? Because I want to. :)
>>> the main issue with USDT or any on-chain smart contracts like USDC and others is that they are not really fungible pretty much like BTC and all other visible chains, which means if you use physical cash to do the trade you are much more safer than doing it USDT way but that comes with it is fees by doing your way you are saving on % as i understand which is good but at the same time very risky
USDT has taken over the world. Not just the crypto world, but the real economy. For example, I know there are businessmen who trade wholesale spices around the world. They're usually in poor countries and have zero trust in the banking system, so all their transactions are USDT-TRC20 (on Tron).
The potential problems behind USDT are much, much greater than the lack of interchangeability. But the market (voluntary human activity) accepts (consciously or not, it's hard to say) all the potential problems of USDT-TRC20 in order to have a "bank in their pocket".
When USDT collapses, it will simply be the biggest crash in crypto history, which will also have a very strong impact on the real economy.
Unfortunately, most people are too lazy to learn something new, which is why they use USDT.
If you explain all the disadvantages of USDT and, for example, all the advantages of Liquity (LUSD) to a large spice trader from a poor country, another problem arises: all of his business partners use USDT-TRC20, and here a new challenge arises — to convert his partners to LUSD, but their partners also use USDT-TRC20, and so on...
In an ideal world, they would all use XMR and enjoy the benefits of XMR, but we do not live in an ideal world.
>>> but trying to understand the human nature better because at the end of it all the human aspect is a big part in this equation
This is often more important than the best or even perfect technology. :)
>>> I understood that the world is harsh and hard to live in, but as you stolen that hard earned money by scamming. couldn't you think that this poor person worked hard to earn it faithfully ?
These people have a different mentality. So, I don't think they think about it. Just always be ready to resist and fight back.
>>> and that you as a subhuman scammer you give the LE more reasons to make everyone's day to day life even harder ?
That's right. If you think about it, LE is actually the most ineffective and useless "service", with a negligible success rate in solving crimes, and no one would tolerate such a low level of inefficiency in a free (as in freedom) market, and such a business would have gone bankrupt long ago, but since the state has a monopoly on this "protection" service (law enforcement), there is nothing you can do about it.
Also, no law enforcement agency cares about inefficiency. They only care about high-profile cases that can have a political impact on their bosses. And if you (the taxpayer sucker) have your 3000 EUR bicycle stolen in modern Europe, no one will give a shit about you because you are a taxpayer sucker and you have no influence and cannot demand your taxes back for the forced retention of LE.
>>> just questioning this led me into philosophy, psychology and into Agora at the end
Welcome. It's always nice to see someone who consciously chooses this philosophy. :)
>>> and sorry if I couldn't deliver what i wanted to say in a good way as my english language is not that good
Everything's fine! I understood you perfectly. My English is far from perfect. Use DeepL.com, it's a very good translator.
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>>>Before accepting USDT, check the wallet address to ensure you do not receive stolen coins and avoid potential problems in the future.
How do you check against it ? is there a reliable website to check the address ? Also what are the odds of the other party lying about the address ? like giving you a clean address to check but then proceeed with trading the dirty coin ?
>>>USDT has taken over the world. Not just the crypto world, but the real economy. For example, I know there are businessmen who trade wholesale spices around the world. They're usually in poor countries and have zero trust in the banking system, so all their transactions are USDT-TRC20 (on Tron).
>>>The potential problems behind USDT are much, much greater than the lack of interchangeability. But the market (voluntary human activity) accepts (consciously or not, it's hard to say) all the potential problems of USDT-TRC20 in order to have a "bank in their pocket".
>>>When USDT collapses, it will simply be the biggest crash in crypto history, which will also have a very strong impact on the real economy.
>>>Unfortunately, most people are too lazy to learn something new, which is why they use USDT.
I think USDT and all the stablecoins replaced the traditional e-digitial cash systems such as Paypal Payoneer and others in a very short time, since these e-cash systems were heavily used in third world countries
Also transactions are conducted in US dollars. There is no Account no KYC you just open a Tron wallet and you are set. very powerful tool. these poor countries people understand it well, there is another aspect to USDT which is liquidity I think last time I checked Tether hit 127B or something in total on both TRC20 and ERC20 which is crazy
>>>These people have a different mentality. So, I don't think they think about it. Just always be ready to resist and fight back.
What is their mentality ? I am still trying to understand how they think, I couldn't comprehend it yet...I cannot imagine how they could stoop to such a low level without asking themselves, “What are you doing?” yes, they are scums.
Much respect to you, Thank you for taking the time to explain all this to me. ❤