Tether is shady, but it's not propping up the Treasury market. That's retarded.... Treasuries can only be purchased in US Dollars.
Tethers are worth nothing. The scumbags running tether are selling their bullshit tethers, for real dollars, then using dollars to buy treasuries, because that shit is real, and they don't want to hold tethers, because tethers are imaginary, and fuck all you chumps.
The causality is backwards.
Like all this shit, the owners are blatantly expressing a big "fuck you" to the dumbasses that trust / use this shit.
if the dollar crashes, crypto is going to skyrocket because anyone with money is going to start looking for alternative assets they can buy up before their dollars becomes worthless.
Exactly.... But your overall purchasing power would still increase with crypto because it will be more in demand than it was before, with a lower supply available.
Interesting, thanks for posting. I wish this was a nut we could crack, because there is going to be some kind of massive windfall for whoever knows the next big move(s), even if that just means knowing exactly when to get out of USD and what to get into (aside from gold).
You're getting salty because a real man, who's worked for his entire life, doesn't want to lose everything to a bunch of worthless monkeys with no principles or anything redeemable in their worthless dogshit existence...
Fuuuuuuuuck that.
Tether is shady, but it's not propping up the Treasury market. That's retarded.... Treasuries can only be purchased in US Dollars.
Tethers are worth nothing. The scumbags running tether are selling their bullshit tethers, for real dollars, then using dollars to buy treasuries, because that shit is real, and they don't want to hold tethers, because tethers are imaginary, and fuck all you chumps.
The causality is backwards.
Like all this shit, the owners are blatantly expressing a big "fuck you" to the dumbasses that trust / use this shit.
if the dollar crashes, crypto is going to skyrocket because anyone with money is going to start looking for alternative assets they can buy up before their dollars becomes worthless.
Yes, most likely.
If the dollar crashes crypto will skyrocket by default because people value crypto in dollars
Exactly.... But your overall purchasing power would still increase with crypto because it will be more in demand than it was before, with a lower supply available.
Interesting, thanks for posting. I wish this was a nut we could crack, because there is going to be some kind of massive windfall for whoever knows the next big move(s), even if that just means knowing exactly when to get out of USD and what to get into (aside from gold).
You're getting salty because a real man, who's worked for his entire life, doesn't want to lose everything to a bunch of worthless monkeys with no principles or anything redeemable in their worthless dogshit existence...
Fix your emotions or they'll haunt you forever.
😘