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0 sats \ 2 replies \ @028559d218 17h \ on: Tether, SoftBank Group, and Jack Mallers Launch Twenty One bitcoin
Tether does not compete with Bitcoin. Tether is just... dollars. And do dollars really compete with Bitcoin?
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0 sats \ 1 reply \ @j7hB75 OP 17h
No. Kind of.
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0 sats \ 0 replies \ @028559d218 17h
They (dollars) lose value every year and are 'down' like 10% ytd vs every other major currency. Government never promises not to make more...
And can 'make more' any time if they need to provide liquidity or reduce bond yields.
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