Tether's Circle of Death
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In this video, I discuss how Tether and USDT help to extend US dollar hegemony, while simultaneously helping to fund US government wars and covert operations.
Tether is one of the fastest growing exporters of US dollar colonialism. Here's how it works:
1) Encourage more people in the global South and elsewhere to use USDT
2) More global demand for USDT leads Tether to buy more US Treasuries to back new USDT
3) The issuance of more US Treasuries helps to fund US overseas adventurism, war, and CIA coups which hurt the very people in these countries who are buying USDT.
It's the circle of death:
1) You buy our USD deathcoin.
2) We'll use it to fund US government activities.
3) The US government will destabilize your country through war and coups--
4) Thus leading you to need more USD because your local currency has been destroyed--
5) So you buy more USDT and the cycle repeats.
What's a much better and more ethical way to spread Bitcoin adoption? You onboard people directly into Bitcoin, not the USD dollar or USD stablecoins. This is what is taking place in Bitcoin Jungle, where a real circular Bitcoin economy is developing.
Not investment advice! Consult a financial advisor.
Tether working hard to please their US government masters:
https://www.nobsbitcoin.com/tether-we...
https://www.nobsbitcoin.com/tether-fr...
USDT on Tron and Ethereum:
https://tether.to/en/transparency/?ta...
USDT market cap:
https://coinmarketcap.com/
Tether Releases Q2 2024 Attestation:
https://x.com/Tether_to/status/181867...
https://tether.io/news/tether-q2-2024...
USDT accounts for 40% of Latin America cryptocurrency transactions:
https://cryptoadventure.com/the-shift...
US-led coups in Latin America:
https://english.news.cn/20240122/3a5b...
https://en.wikipedia.org/wiki/United_...
JD Vance wants to bomb Iran:
https://x.com/Incidental41__/status/1...
Tether investing in government spy satellites:
https://satellogic.com/news/press-rel...
Paul Ryan's editorial on USD stablecoins and US debt:
https://www.wsj.com/articles/stableco...
Follow Bitcoin Jungle:
https://x.com/BitcoinJungleCR
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#Tether
#USDT
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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