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Calling it now: Tether and a few other stablecoins explode. Where other than China would you go to buy massive positions (face valued) of bonds, with continued
by ethbr0 5y ago
Calling it now: Tether and a few other stablecoins explode.
Where other than China would you go to buy massive positions (face valued) of bonds, with continued room for expansion of your position, in private deals that you could keep quiet?
- snovv_crash 5y agoAny of the other BRICS countries would also be a viable option for that, without the big downside of the CCP's anti-crypto position.
- ethbr0 5y agoAfaik, neither Brazil or India has loose and large enough capital markets to support that influx. And Russia is a dicey proposition. Besides, the CCP's anti-crypto position doesn't matter here. We're talking about a company (Tether Holdings Limited, or a front for it) investing in bonds. No crypto involved.