Cryptocurrencies are a scam. Only Bitcoin matters.
Also, if you think Tether is just going to "go away" then you are fooling yourself. It's not. I don't like it, but it's not.
Discussion
That is a quote from a Russian politician after tether froze their accounts. Not me, reuters.
I am pointing out that Tether seized Russian money, THEN came to the US to make deals. They are what you say. They bent the knee.
The US could weaponize the dollar too far making it less attractive. I have always seen the stealing of funds as a asymetric risk to dollar hegemony.
I see XXI as the future bitcoin backed "tether2.0" play to counter their cruise missile risk
21, Strategy et. al. are all going to support Tether. Strike has been using Tether since it's inception.
This is a far more integrated thing than we imagine.. Best to keep our eyes on it.