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On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC<\/a>) and \u2014crucially \u2014 his favorite pizza toppings.\u00a0<\/p>\n Fresh off the plane from Norway, where Ardoino attended an increasingly Bitcoiner-friendly event, the Oslo Freedom Forum, the Italian explained that, in contrast to the WEF,there was no \u201cshilling\u201d in Norway. <\/p>\n Tether was invited to speak at the Oslo Freedom Forum as the stablecoin is increasingly considered an \u201cinstrument of freedom.\u201d Tether has been adopted by the Myanmar government<\/a> while the Ukrainian government has accepted crypto donations<\/a>, including Tether, since the onset of the Russia-Ukraine war.\u00a0<\/p>\n \u201cTether is one of the tools to be used by distressed countries where the national currency is devaluating\u2014where people want an edge against insane inflation.\u201d<\/p><\/blockquote>\n Ardoino cites Turkey and Argentina as examples. The Turkish lira has lost 50% of its purchasing power and crypto, often seen as a hedge against uncertain currencies, is experiencing a second wave of interest<\/a>. Ardoino also conceded that:<\/p>\n \u201cBitcoin is great but they want the price stability, the long-term price stability. […] \u201cBitcoin is great for many things but it\u2019s not yet understood by many.\u201d<\/p><\/blockquote>\n Regarding the Plan B strategy in Lugano, where Bitcoin and Tether are de facto legal tender in the Swiss city, Ardoino shared that educational models in Switzerland are being shared across to El Salvador.<\/p>\n \u201cBitcoin is for everyone. You have people in a poor country that need Bitcoin as the basic financial infrastructure. On the other side, you have a country with the most banks in the world, and they still need Bitcoin.\u201d<\/p><\/blockquote>\n Related: <\/em><\/strong>Tether launches crypto and blockchain education program in Switzerland<\/em><\/strong><\/a><\/p>\n Ardoino also critiqued<\/a> Satoshi Nakamoto’s choice of pizza toppings.\u00a0Bitcoin Pizza Day<\/a> occurred the day before the WEF, a day where Bitcoiners around the world eat and attempt to pay for pizza with Bitcoin.\u00a0The creator of Bitcoin, Satoshi Nakamoto, famously enjoyed pineapple and jalape\u00f1os on pizza, to which\u00a0Ardoino commented, \u201cnobody is perfect.\u201d <\/p>\n<\/div>\n