There is so much delusion that usa will default and debt can be not paid.
Nothing Free in this world sooner or later you pay.
Now it's time for everybody start buying USA debt by the strong dollar.
Dollar is now cheap as hell i'll buy as much i can USD even the usdt don't matter dollar is dollar.
The US dollar might be the dominant currency in international trade but it is not the best-performing currency. The dollar is also losing its value due to inflation. I would rather advise people to buy Bitcoin, a currency that has proved over the years to be a good investment and an effective hedge against inflation.
even the usdt don't matter dollar is dollar.
Dollar is dollar; but centralized shitcoins like tether that are controlled and issued by a centralized authority that can freeze your accounts, steal your money, get dumped to 0, etc. are not dollar. So if you want to bag hold something as risky as the US dollar while global dedollarisation is speeding up and countries may dump US treasuries (China has already liquidated hundreds of billions) then do yourself a favor and just bag hold dollar itself.
He must really be delusional; saying dollar is dollar in the first place shows that he is ready to sink himself somewhere without even realising it.
Imagine buying and holding USDT, which was later found out to be among a wallet, which the three later governments decide to blacklist. That's the end of it all, as the fund will be frozen even if it's not on a centralised exchange.
Tether Limited has told people that a USDT is pegged to the US dollar. How are we sure that these crypto companies have enough money to back all the USDT they issue? Who audits their account and how trustworthy are these auditing firms? Besides the government freezing their accounts people holding these stablecoin are at risk of being scammed by the issuing companies. It will be far better to keep the dollar issued by a Central Bank than to hold stablecoin issued by a company controlled by an individual or a group.