Howard Lutnick, CEO of Cantor Fitzgerald, one of the important US-based financial services companies, stated that he is a Bitcoin maximalist and said that he also admires Tether.
While #Bitcoin continues to firmly maintain its position as the largest cryptocurrency, when it comes to stablecoins, this seat belongs to USDT... Howard Lutnick, CEO of Cantor Fitzgerald, one of the most important asset management companies, said that he is a fan of these two cryptocurrencies.
“Not like Ethereum or other layer 1s”
Participating in a podcast of the US media CNBC, Lutnick said that cryptocurrencies and tokens other than Bitcoin and USDT are useless:
“I'm a fan of cryptocurrencies, but to be more specific, I'm talking about Bitcoin. Only Bitcoin... I don't think other coins are of any use. Bitcoin's power comes from its decentralization. So it's not like #Ethereum or other layer 1 projects. “The only asset they cannot take away from you is Bitcoin.”
“Tether has too many bonds”
Expressing his admiration for the #Tether company and its token, USDT, the CEO said:
“I'm also a fan of Tether. As a company, we hold the bonds they own. “They have too many bonds.”
