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Bitcoin is the only decentralized currency, says Tether CEO | louder.news

According to Tether CEO Paolo Ardoino, Bitcoin is unique among the more than 14,000 different cryptocurrencies because it is the only one that is not centralized.

Bitcoin is the only decentralized currency, Ardoino said in an interview with Cointelegraph on June 13 at the Bitcoin-only conference, BTC Prague.

“Bitcoin is the only example of a currency that is governed only by mathematics that is essentially unchangeable,” Tether's CEO said. Aside from Bitcoin, some cryptocurrencies are a little more centralized, or others a little less centralized, Ardoino believes.

“With the other coins, you see that there is a group of developers that come every month. They're coming out with a new software release, they change monetary policy, inflationary, deflationary, and they keep changing things,” the executive noted.

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