source?
Discussion
I listened to the CEO on a few podcasts. The last one was the Keet one on Bitcoin Audible.
The interesting the company buys bitcoin with the interest from the bonds.
It's basically a specative attack on the dollar, but who else wants to buy US Savings bonds these days?
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.
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.
I agree, but we’ve taken the orange pill. Very few people in the world have.