Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

They buy btc to back up their currency USDT so that's what the money should be backed by btc. The digital gold.

What will the bitcoin be backed with?

Well, except for faith in future growth.

Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

Think about the fiat currencies every dollar bill in your pocket are debt

But this “debt” is 100% anonymous, allowing you to track the movements of your funds.

Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

the USDT seems much more reliable then fiat

But for me, it’s just the opposite. So what is the reliability of USDT? Fiat is at least backed by the state's economy.

Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

Me and many others like to see one day USDT paper currency also.

Paper currency? Are you seriously?

The whole world is slowly moving towards getting rid of paper money, and are you dreaming of USDT paper currency? Your dreams are unrealistic.

Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

The path to financial freedom comes first we need to get rid of the debt based economy so the real way Will be USDT backed by digital gold the btc and other digital currencies.
Goverments also can function better If they buy btc and whatever budget they need , for example to fix health care or to build up something then they might sell some part of their btc to get USDT instead of using debt and making inflation high they can use sound financial system.
So instead of taking the loan goverment can buy dca way BTC with tax payers money and If btc price goes up they can sell and with that funds they can a lot good things in society.

It seems to me that you have absolutely no idea about the functioning of the economy.

Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

I don't know about USDC but USDT financial structure looking more solid.

To me, none of USD's (USDC, USDT, USDshit and so on) financial structures look solid.

Quote from: Mansory22022 on March 17, 2024, 08:01:09 AM

USDT is best money out there right now because they backing up with btc reserves.
That's what the btc should be all about backing up the currency value for currency issuer.

Money backed by other money? You haven't forgotten that bitcoin is already money (A Peer-to-Peer Electronic Cash System).