I heard on a podcast the other day, which I need to look this up, but they said that Tether was the 13th largest holder of US Bonds... If that's the case, then yeah, they aren't going anywhere.
I honestly think that USDC is going to be tapped for the 'CBDC' of the US. They can already trace it, stop transactions, and blacklist wallets because Circle caved to the authorities. This is where we really need HBD to shine as a decentralized option.
they said that Tether was the 13th largest holder of US Bonds... If that's the case, then yeah, they aren't going anywhere.
It wouldnt surprise me.
I honestly think that USDC is going to be tapped for the 'CBDC' of the US.
I agree completely. The only way it isnt is if the politicians fight to get their paws on monetary policy. Left to the Fed, it doesnt care. There is no need for a CBDC to them.
It is all political. Moronic congress people who have no monetary or economic sense want to control the money supply also.
Yeah, it's absolutely ridiculous. That's what you get when all the Congressmen and women are paid off by special interests that want the constant money printing.