The problem is payments are taxable events and also, volatility.
So yes, Tether is becoming more popular, especially since it is a buyer of US treasuries. Stable for payments, little to no tax burden, and politicians are pushing it.
Bitcoin won’t die though. It’s like a very good battery while tether or government currency is just wiring to connect.
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Peer to peer payment isn't taxable event.
They want you to believe that