Tether makes a wallet that humans and AI can control, and it is a Self-Custody Wallet so both humans and AI can use this wallet to self-custody their cryptocurrency.
Now imagine the AI will never lose your keys.
Now imagine you could self custody your Bitcoin without ever fearing losing your keys or your Bitcoin, you have a trusted AI guarding your keys.
Now imagine a user interface which buries everything cryptocyrrency behind a Facebook like User Interface
Now imagine millions of humans decide to embrace this like they embraced FaceBook...900 million and counting?
This is historic, revolutionary, amazing...
Amazing!
What are the ramifications of this, and what are the possibilitis?
- Tether has created a self-custody wallet that both humans and AI can use to custody cryptocurrency and perform transactions.
- Whoa!!!
- This is revolutionary!
- AI already exist which can pay bills with credit cards you have preauthorized to pay your account, but this is stepping it up a notch.
- This is an important evolutionary step where AI can control a wallet loaded with Tether and Bitcoin.
- So now your AI and you, the human can control a self-custody wallet. If the AI is intrusted in the wallet, you can lose your keys, but not your cryptocurrency.
Can you say; WideSpread Self-Custody
- If you stop and think about this, one of the biggest impediments to self-custodying your own Bitcoin, is the fear of losing your keys.
But if AI could be reliably trusted to not lose your keys, one of the biggest drawbacks to self custody would be solved. - This would mean thousands , if not millions of cryptocurrency naive humans could trust their AI on their phone to custody their Tether and Bitcoin safely and never worry about losing their keys.
- From this point it becomes easy to create a User Interface where you would transfer cryptocurrency using a simple John to Joe human name interface, requiring no knowledge of public keys, private keys or blockchain rules.
- This could be the beginning of the age of mass adoption, because people don't have to learn anything about blockchain.
- They just use the simple user interface, and Viola They are performing cryptocurrency transactions, cryptocurrency transfers, and cryptocurrency payments with no knowledge of what that entails on the blockchain level.
Wow ! Thanks Tether!
- Instant mass adoption!
- Instant self custody without risk of total loss of the investment, or greatly diminished risk, and a scenarios where insurance protection would be or shold be affordable since the risk of loss with two participants holding the keys, the human and the AI, greatly reducing the chance of a total loss.
- Wow!
Read More Here
Tether makes a special wallet to help decentralize finance through AI. source
It's amazing time to be alive
- Cryptocurrency is sprinting forward
- Tether is the world stablecoin, with the largest market penetration of any stablecoin, and now they are going to make self-custody easy, no thouight involved for crypto payments.
- We could see an explosian of crypto use cases and crypto use...
- It is said, that if you make the complicated simple and safe, stand back... the crowds of users and use cases will come in a stampede
- If you build it, they will come
My other articles about Tether you should read.https://inleo.io/@shortsegments/tether-has-become-the-worlds-digital-dollar-bq5?referral=shortsegments
About me.
I am a writer who has focused on cryptocurrency, the blockchain, non-fungible digital tokens or NFTs, and decentralized finance for over six years.
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At the moment all i can say is thanks for sharing this...
HI @katerinaramm
Your welcome!
#hive #posh
Thank you
Welcome
It remains to be seen how great tether can become.
But they are doing an outstanding job
My other articles about Tether you should read.
https://inleo.io/@shortsegments/tether-has-become-the-worlds-digital-dollar-bq5?referral=shortsegments
I guess I should have prefaced this post with the words, after someone creates a good UI this will happen.
A Fcabeook like UI on top of the Teher wallet or a webpage with the wallet as a widget white labelled perhaps or a franchise arrangement. The skys the limit.