> Because the dollar supply has also skyrocketed in the same time period. With the following difference: USD is backed by guns, tanks, warships and missiles.

> Because the dollar supply has also skyrocketed in the same time period. With the following difference: USD is backed by guns, tanks, warships and missiles. And some actual tangible assets (a fraction of the mass of USD in circulation). USDT is backed by a bunch of italian people that are very well-versed in: - the art of engineering financial complications - the art of running when the weather turns bad - a vague, unaudited promise of USD reserves. Not a good thing.