Subnostr

interesting, sounds like defi but with savings bonds. 🤔🤔🤔

Yeah, except the people holding Tether bags are guranteed 0% yield.

People want them for the same reason people in the US want houses.

If you compare real estate to gold for 30 years, real estate loses value. If you compare real eatate to dollars, real eatate goes up.

USDT looks like real estate when compared to international fiat currency.

It looks like NVIDIA charts compared to the worst fiat currencies.

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Discussion

MKD Podcast 1y ago

i mean the ceo of tether is using savings bonds for the yield and evidently is working like a charm. i've heard of peeps using usdt to offset bitcoin volatility but if anyone thinks a digital dollar will appreciate or maintain its value over the long term is deranged in their thinking.

₿logging₿itcoin 1y ago

I agree, but we’ve taken the orange pill. Very few people in the world have.