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/biz/ - Business & Finance


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25758942 No.25758942 [Reply] [Original]

I'm going to redpill you with the truth.

1) USDT is a scam. There is zero (ZERO) doubt about it.
2) Point #1 does not matter. It is a bootstrap: by maintaining the illusion of it being real, Tether has survived long enough for one big change...
3) Real institutional money is coming in, and they are not playing small. Grayscale, Circle, Coinbase are all influential and loaded with investory money. They all know Tether is a scam. It doesn't matter: what matters is the price of BTC. By selling the narrative of "store of value" successfully, BTC has been adopted as a reserve asset in real life.
4) The price of BTC is going up, and because of that big companies with real fiat are buying in. Ironically, this makes it "real".

BTC-USDT is like Tupperware. It started as just another scam, but generated enough true believers to graduate into something 'real'.

Gold will be replaced. There is no doubt in my mind. It's an equally stupid store of value, and its price is actually DROPPING right now.

Do yourself a favour and just buy in. This shit is going to 5-10x in the next five years.

>> No.25759391
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25759391