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15 sats \ 0 replies \ @Skipper 15 Dec
I can't read text on white background. đź’€
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0 sats \ 0 replies \ @freetx 16 Dec
Yes, this is why I think the US will eventually figure out the immense benefit Tether is providing and will do a complete 180 on their approach. (my take is they will allow tether to purchase US Treasuries directly and be fully protected by US laws in exchange for Tether relocating HQ to US)
A fully embraced tether by US gov allows it to destroy 90% of the other currencies in the world. Things like Egyptian pounds will simply collapse. Having most of the world using Dollars allows the US to "outsource its inflation" to a greater degree since the money supply growth will now be divided over several billion people.
This is inevitable.
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0 sats \ 0 replies \ @thecommoner 16 Dec
I found this to be a really well written newsletter - from a systems/network perspective Lyn is spot on....
The question no-one can answer is what value will be added to the network before it is lost in FIAT land
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