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Yes, they're busily printing away right now, as are USDC, and it will likely work just as well as before because everyone involved in crypto is incentivised to
by phpnode 5y ago
Yes, they're busily printing away right now, as are USDC, and it will likely work just as well as before because everyone involved in crypto is incentivised to look the other way in the face of this blatant and massive fraud.
- dragontamer 5y agoWill that work if say... Tesla has to sell their BTC to you know, pay their bills? Some time ago, Tesla entered into $1.5 Billion in Bitcoin. They need that money to build cars and factories in the long term, they had the money raised from stock offerings and bond offerings. --------- Someone out there wants actual dollars, not this USDT or USDC fake dollar crap. Sure, my financially illiterate coworkers who can't tell the difference from USD, USDT, or USDC may not care, but the people who actually use USD on a large scale care.