TETHER MADE $10 BILLION IN PROFIT THIS YEAR.
Discussion
😳
Tether could be a potential overlay bridge to the Dollar and put #BTC above it, even if it doesn't need to, but it is one of the possibilities.
$10B worth of inflation debasing everyone’s currency. 😳💜🧡
The future belongs to digital money. 🧡
Imagine the US being dependent on a company that’s contributing to its demise.
With like 4 employees
They hold about $98 Billion in US Treasuries which I'm sure they wish was all in #Bitcoin
They buy bitcoin with fiat seignorage made with other people's cuck bucks.
How do they make so much money?
:O
Definitely not from my pocket. I like coins with no CEOs 😁
Wow
🤯
Imagine that!
What? Like with the intererest on their Dollar deposits? I heard they hold Lots of US T-Bills that pay ~4% interest These days.
ftx 2.0
💩
Guys, I've got this biz model. Hear me out, we get other people to buy debt _for_ us and we get to keep the coupon and they get to pretend they didn't spend any money and they get to spend that same money elsewhere on other things. Think it'll work??
:)
