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How Does Tether Make Money (And Will It Blow Up)?
𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.
In this video, I discuss:
1) How Tether makes money for its issuer
2) Whether Tether is responsible for Bitcoin pumps
3) Whether Bitcoin will crash if Tether fails.
Tether invests its reserves mostly in T-bills (as far as we can tell), and probably earns north of $3 billion per year from the interest income that these bills throw off.
As such, it makes it more unlikely that Tether would risk committing fraud and killing its golden goose in the process.
If USDT were to fail, there is a good chance that BTC actually rallies as people exit USDT into BTC.
It's the central bank money printers that have a much greater impact on BTC than the Tether money printers.
Bitcoin is the apex predator of money, and it will eventually absorb all monetary energy from everywhere, including all fiat and stablecoins.
There's nothing stable about "stablecoins." They are backed by a melting ice cube, which is fiat. And they have massive counter-party risk and can blow up overnight like UST did.
Bitcoin is the real stablecoin. Its price is volatile, but the Bitcoin network is incredibly stable, robust, and anti-fragile. It is truly stable money, unlike USDT, USDC, or USD.
Not investment advice! Consult a financial advisor.
Tether:
https://en.wikipedia.org/wiki/Tether_...)
US Treasury rates:
https://home.treasury.gov/resource-ce...
Amount of Tether:
https://tether.to/en/transparency/
Tether reserves breakdown:
https://tether.to/en/transparency/#re...
Circle and USDC:
https://www.circle.com/en/
WEF and Davos love Circle:
https://www.circle.com/davos
US M2 money supply growth:
https://fred.stlouisfed.org/series/WM2NS
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 Trader 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 or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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