Post by twetch#140

1JM6co…tQHL Key · twetch

At what point will people simply consider tethers to be "actual dollars".

I mean what is an "actual dollar" any way? Banks create dollars out of thin air using loans which our backed by an opinion about the solvency of the loan... seems similarly trusted.

13Mcku…Ko3D Key · twetch

USD is not affected by selling pressure (only inflation) & has the biggest tax paying base tied to it.

Tether may have a problem to exchange at a big exit position (increased demand) to USD as selling pressure on backing assets creates a negative spiral.

What the chain says
Block
624 051
Time
2020-02-28T16:53:09Z
Signer
13MckuFoT6zopfawknos5oP292KVXPKo3D
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#140

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 13MckuFoT6zopfawknos5oP292KVXPKo3D Verified