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I was a loyal subscriber to The Economist for over 30 years, since 1990. I ended that subscription last year—because they completely lost their editorial compass.

Now they’ve published a hit piece on Tether—another example of the legacy media lashing out at what it can't understand: decentralization, tokenization, blockchain, crypto. The traditional system is simply unequipped to cope with this paradigm shift.

Ironically, The Economist’s attack on Tether reads like unintentional crypto marketing gold. One standout line?

“Tether’s efficiency makes money-laundering so easy anyone can do it.”

You can't make this stuff up.

h.t Sanjay for the heads up as I no longer read this trash....

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freakinsats.x

Is because they're paid NOT to say "Circle"

Asti

Ah just pumping USDC bags

Buddy

I gave up on the economist over 20 years ago. They fired all of their local correspondents and hubbed out of Hong Kong. No new views came out of Asia after that. The remaining “reporters” were to be found most days drunk in the Foreign Correspondents Club.

3324

We all know where the west launder money begins with an I ends with a L

jim beam

All legacy media , financial or otherwise, is state sponsored propaganda. Media is the mouthpiece of the deep state. And that aint a conspiracy lol

Mark Kesler

It used to be the very best… fair and balanced. I emphasize used to be. I was a loyal reader for 40 years 😳

Ricky

It's amazing how many honest upstanding citizens turned to crime once they were exposed to "crypto madness". Now with the super drug USDT being legitimized, they can expand their evil ways even more.

john

Weren’t people Laundering money before Bitcoin? Wake up and smell the coffee “The Economists” . Shame on you.

btcrealm

They have marching orders to make Tether bad and Circle good. *dumpsterfire*