Quote from: Princess_Devi on August 05, 2023, 05:06:15 PM

We know that USDT is coming back from the most horrific situations from the past. But I want you to answer this, what do you do if someday without any signs USDT falls back to 0.1-0.2$? What do you do? Can you survive in this situation? What do you do if you put all your assets in USDT?

Just curious to know your answer. Don't say reasons that it won't happens, because I want to know if something this kind of thing happens in future what will you do?

If you ask my replay to this, I can say I will ok with it. Because I put my 20% into USDT right now. Why? because you know guys there is an Old saying Never put your all eggs in the same basket. Wink

Exactly. You'll never know if USDT loses its value in the future due to bankruptcy, a hack, or any other undesired event. Investing into it is like playing the "Russian Roulette". After all, stablecoins are NOT backed by the government. If you want to be safe, cash out to Fiat instead. Things don't last forever, anyways.

Once CBDCs are launched (especially the US Digital Dollar) you can say goodbye to stablecoins for good. I'd be surprised if somehow Tether manages to survive the constant pressure of the regulators. If it's still afloat, then it could live alongside CBDCs for a very long time. No one can predict the future, so lets hope for the best. Just my thoughts Grin