You make it look as if USDT can only be stored on exchanges and it lies on the hands of the exchanges to protect and preserve it. The rumour about usdt vanish or cash is it applicable to only usdt on exchanges?
Besides, there are other stable coins.
If you think of Bitcoin and USDT being in danger, also think of crypto not existing again. Then, ensure all crypto lovers are killed, because the people move the market and not a supernatural force.

Crypto lovers loving USDT really sounds ironic hehe. USDT may be using blockchain technology but it's not that different from fiat if you take a deeper look. It is minted by a company that's also under the control of the Government. Exchange protection of your USDT should be the least of your concern when Tether can freeze your funds wherever they may be.

I see a lot of confusion in this post. First of all Tether clarified their position with the US government, so that kind of FUD is quite old, and if you really don't trust USDT and want to have stable coins then there are plenty of options out there: BUSD, USDC, UST... Anyway I still don't understand why Tether should scam the whole ecosystem, how they could make more money with a scam rather than keep making a ton of money every single day.

There is a hilarious saying in my locality that goes, "taking panadol on someone else's headache" or "asking someone to vomit what they never ate". That's almost exactly what your asking. Mind you, all these BTC or USDT are coins one do invests in depending on there purpose.

Anything thing to note is that, those are some different projects or companies that differ from the exchanges. Exchanges only provides the needed services by listing these coins for trades and you get to invest in them because, you've found them to be of benefit to your course at any particular time.

The unforseen circumstances or unreliability of any project is one of the reasons why, your asked to always DYOR before jumping in. No exchange would be providing some security over your financial decision.

USDT can't be trusted 100% due to it's not backed with real USDT while they claimed the project backed with 100% USD. Also it's centralized and they can froze your tokens whatever they want.

The alternative is decentralized stablecoins e.g. DAI. The problem is many exchange doesn't have a lot DAI's pair and not really liquid, but it's safer.

Perhaps it's slower than use USDT if he want to buy Bitcoin on specific moment or his local currency highly inflate.

Not everyone is into thinking that there are stable coins in the market. Majority of the newbies when they've learned about cryptocurrencies, one thing is what they understood and that is being the most volatile market in the world.

That's a few word and understanding and that's why they're aware of anything can possibly pump and dump.

And for people like you that relies on stable coins and thinks of a protection for your money, you have embraced crypto and it's the foremost character that it has.

You have to bear with it but there's a solution on it, instead of USDT, use DAI.

Have you also forgotten there are lot of stable coin which investors can easily convert their BTC with? Yes there is, BUSD can be likely used to convert their BTC when the market is at storm. Stable currencies i see is just for funding and payments.

No it is not.
USDT is one of the most centralized and shadiest altcoins that exist. It can literary disappear at any moment when the feds break down their door and shut them down for illegally printing "money".
They also fully control their chain and can reverse any transaction they like.

The altcoin bag holders have lost a lot of money throughout the years and nothing changed... They will continue to lose a lot of money and nothing will change...

Nothing, they will create another centralized shitcoin and the same people would start using that.

If you want stability why aren't you using fiat, namely USD instead of some centralized shitcoin called USDT?
And it has nothing to do with "crypto game" whatever the hell that means. If you want cryptocurrency experience use bitcoin. It is secure, decentralized and nobody can reverse your transaction unlike these shitcoins.

Centralized stablecoins are just as insecure as centralized exchanges. I allow the use of these stablecoins for the duration of the trade, but for long-term storage it is better to use DAI or TerraUSD.
https://bt.irlbtc.com/view/5247581.0