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02.12 - 19:45
What you should know about Tether’s LN plan to bring hyperbitcoinization
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Bitcoin – While some consider it a store of value, others consider it the future of finance. Hyperbitcoinization is the point where Bitcoin actually becomes the default currency system of the world. And, while there are some who believe in the natural process, there are others who are doing their best to make it happen sooner.
Tether may have just joined the latter group.
Earlier today, Tether launched a new company called Synonym. It has the sole focus of building products – for Bitcoin, only on Bitcoin, and using the Bitcoin Lightning Network.
Its intentions of making “hyperbitcoinization a reality” are clearly visible in its design principle, one which boasts of a Bitcoin-only, scalable, interoperable, non-custodial, open-source, and
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