I wasn't referring to him specifically. Stablecoins may be the NEAR future but not the distant. I still don't think stablecoins will work in the long run since they're tied to the dollars value. I was more referring to bitcoin holders who endorse numbers 2, 4, 5, 6, 7, and 8.
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Thats part of the point. Its how usd maintains global dominance. Tether is used all over, and Tether is one of the largest holders of treasuries. They keep buying tresuries as long as people keep using tether and the dollar remains supreme.
Yes, but people want to see gains and a rise in purchasing power. Not something that just holds stagnant value. The dollar will remain but it won't gain value. I can imagine that eventually people will eventually realize this and transition to bitcoin. With this said, Tether and all other CBDCs are essentially pointless in the long run.
