NEW: "Gold is the best asset for a more transparent backing of a synthetic dollar because it’s less volatile.
We could have done #Bitcoin but gold is probably better for the short term," says Tether CEO Paolo Ardoino.
Discussion
Of course for the short term, because for short term they need to finance their wars. And as they have most of the gold it would be easy. With bitcoin not possible as they don't have the monopoly and hopefully they'll never have
Except it’s…not transparent at all. 🧑🦯
Isn't he balls deep in USTs?