pull down to refresh
0 sats \ 0 replies \ @freetx 16 Dec \ on: December 2024 Newsletter: The Rise of Digital Assets bitcoin
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.