Dan on Nostr: Stable coins. There is a permanent increase in the supply of government currencies, ...
Stable coins.
There is a permanent increase in the supply of government currencies, including "stable" coins. Stable coins are simple defined as taking the existing fiat currencies and making them digital on a blockchain. They are, in reality just a "Shitcoin" with government backing.
They are having a temporary beneficial use in creating a bridge to Bitcoin, but that won't last forever.
The world's largest stablecoin purveyor is Tether. I suspect Tether is on more of a mission that most people may think. Whether intentional or not, Tether is acting as the perfect bridge from FIAT to Bitcoin with the additional buffering benefit of being a buyer of the USA Treassury bills. Because Tether is being used all over the world, it adds an additional benefit of spreading the purchase of T-bills out, witch buys time and smooths out the impending global currency reset. Tether as a company, also has demonstrated genius, buy plowing most their billions of profits into a vast quantity of Bitcoin, with will save them when the dollar collapses.
I'm convinced there is a grand world financial plan of attack by Trumps team, planned for years. I'm not sure how it all is going to go, but I'm guessing Tether has a part in that plan. Im also convinced Bitcoin has a huge part.
Published at
2025-05-22 00:40:26Event JSON
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"content": "Stable coins. \nThere is a permanent increase in the supply of government currencies, including \"stable\" coins. Stable coins are simple defined as taking the existing fiat currencies and making them digital on a blockchain. They are, in reality just a \"Shitcoin\" with government backing.\nThey are having a temporary beneficial use in creating a bridge to Bitcoin, but that won't last forever. \nThe world's largest stablecoin purveyor is Tether. I suspect Tether is on more of a mission that most people may think. Whether intentional or not, Tether is acting as the perfect bridge from FIAT to Bitcoin with the additional buffering benefit of being a buyer of the USA Treassury bills. Because Tether is being used all over the world, it adds an additional benefit of spreading the purchase of T-bills out, witch buys time and smooths out the impending global currency reset. Tether as a company, also has demonstrated genius, buy plowing most their billions of profits into a vast quantity of Bitcoin, with will save them when the dollar collapses. \n I'm convinced there is a grand world financial plan of attack by Trumps team, planned for years. I'm not sure how it all is going to go, but I'm guessing Tether has a part in that plan. Im also convinced Bitcoin has a huge part. \n",
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