When do we find out tether is the only one holding treasuries? 🤣
Tether is a shitcoin
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It’s a proxy for the dollar after all
Maybe soon to be official dollar? 😉 maybe as a latch ditch attempt lol
Sure so it introduces all the risks of the fiat dollar plus a bunch more third-party risks that they can't even produce the dollars they supposedly owe you
Yep
Still beats low tier fiat currencies, which is why ppl use it.
Yeah, Ponzi schemes work - until they don't