STABLECOINS ARE THE STEPPING STONE TO CBDCs

What is happening is actually a trap that strengthens the dollar's surveillance and dominance over the global economy.

The rise of a 'crypto friendly administration' is a strategic hook that distracts the public while funneling their money into Tether and other stable-coins integrating them into a centralized financial system disguised as freedom.

Stablecoins suchs as Tether are backed by Treasury bonds and turns stablecoins users into involuntary creditors to the U.S. government, relieving pressure on the Federal Reserve, the government deficit problem effectively prolonging the death of the dollar.

Since there's still a big global demand for dollars, stable-coins are becoming the best way to provide liquidity to the dollar market and exporting inflation worldwide; specially to third world countries with failed currencies.

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Discussion

Stablecoin = CBDC

Involontary? I don't push for stablecoins but I don't think tether users are using it by force.

But yes you're right tether is prolonging the death of the dollar.

They are voluntary using the dollar or stable-coins but they don’t know they are financing the deficit by doing so. Dollar users are the creditors of the US government. And the FED of course.

Yes

Doesn’t tether also have a large bitcoin reserve, and does that not still undermine the dollar/us govt bonds?

They have bitcoin yes. But they have more treasuries than bitcoin. So they are supporting the dollar more than Bitcoin with their economic power.

They are democratizing the access to the dollar worldwide more than the access to Bitcoin

The free market forces are demanding dollars rightnow this is why they are issuing more and buying more bond in case of a credit crisis they can return dollars back. They didn't wake-up start issuing tether without natural free market demand.

If #Bitcoin drop 60% and all their backing was in bitcoin where are they going to find that 60% of USD to pay back?

I am not suggesting that they should back their stable coin with bitcoin