be a currency first and most importantly, right?!
No, who will allow it? Who will allow to displace public money?
Public addoption
That's out of the question. The state will not accept that cryptocurrency will be a ubiquitous means of payment. It is convenient to take taxes from her, but not to share a place under the sun
There are on and off ramps to facilitate conversion at very good rates.
There is the dollar, there is the Fed and there is the International Monetary Fund
What do you think about Tether being unaudited and possibly manipulating prices
J.Powell admitted the importance of crypto and that there are here to stay.
But BTC and LTC prices are heavily dependent on USDT
In time there will be other stable coins to do the on and off ramp.
He'll tell you anything you want to hear. But in the end he will do it in his own way or exactly the opposite
Does that imply that at some point USDT will burst and crashing the prices for a while ?
Thanks for letting me know your opinion
It is quite possible
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