US Government Funding Bitcoin Mining
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In this video, I discuss how the US government is indirectly funding Tether mining Bitcoin in Uruguay.
Thanks to Fed monetary policy, high US Treasury yields are now enriching stablecoin issuers like Tether, who benefit directly from the interest income.
Tether is now using that income not only to mine Bitcoin and help to secure the network, but also to accumulate Bitcoin.
The Bitcoin community is grateful to the US Treasury and the Federal Reserve for continuing to pump and secure Bitcoin.
Not investment advice! Consult a financial advisor.
Tether:
https://tether.to/en/
Tether Invests in Energy Production and Sustainable Bitcoin Mining in Uruguay:
https://tether.to/en/tether-invests-i...
Tether buying Bitcoin:
https://www.cnbc.com/2023/05/17/tethe...
Get a job at Tether:
https://tether.recruitee.com/energy
Bhutan Mining Bitcoin (For Years):
• Bhutan Mining Bit...
Bitcoin and Tether FUD:
• Bitcoin and Tethe...
Will Tether Crash Bitcoin?
• Will Tether Crash...
Watch the Fed's balance sheet grow:
https://fred.stlouisfed.org/series/WALCL
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
#treasury
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