Good US dollar analysis. I hope the author is right about bitcoin's role, which I guess is analogous to the creation of the petro dollar in the 70's.
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“Tether has long been seen as the unregulated offshore US Dollar stablecoin, and almost seen in the same light as the Eurodollar market. Allow me to wonder on once another tangent for just a moment. I think it’s important to notice that the Eurodollar market actually has many similarities to the Bitcoin and stablecoin market.”
Bravo 👏
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Makes sense to me
I don't know about the current administration though
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nice writeup
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