is usdt actualy safe or will dollar collapse take it down with it??

converted all my usdt to btc last year after reading too much fud. btc then dropped 30% and i panic sold at loss
sometimes ignorance is bliss 🙏
 
Patronus said:
converted all my usdt to btc last year after reading too much fud. btc then dropped 30% and i panic sold at loss
sometimes ignorance is bliss 🙏
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This is why timing matters more than asset choice. If you're gonna hold something long-term, BTC probably better. If you need stability for trading or short-term, USDT fine despite all the risks
 
Coming back to dollar dominance since that triggered the debate real factors weakening dollar:
  • - weaponization for sanctions (scares other countries)
  • - massive US debt levels
  • - political instability
  • - trade policy chaos
But also noclear alternative yet. Euro has issues, Yuan isn't freely tradable, BTC too volatile.. so yeah dollar decline will be slow, not sudden collapse
 
Major said:
Coming back to dollar dominance since that triggered the debate real factors weakening dollar:
  • - weaponization for sanctions (scares other countries)
  • - massive US debt levels
  • - political instability
  • - trade policy chaos
But also noclear alternative yet. Euro has issues, Yuan isn't freely tradable, BTC too volatile.. so yeah dollar decline will be slow, not sudden collapse
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you europeans keep predicting america downfall while your economies stagnate with negative growth. we got problems but still better than anywhere else. dollar ain't going nowhere cope harder dummy
 
Trump_Coiner said:
you europeans keep predicting america downfall while your economies stagnate with negative growth. we got problems but still better than anywhere else. dollar ain't going nowhere cope harder dummy
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lol just listen to yourself pal - "better than anywhere else" is not the flex you think it is when everywhere is declining
race to bottom still ends at the bottom
 
btcinfo891 said:
USD share of SWIFT transactions fell from 72% at peak to 57% in last 20+years. Trend is clear even if pace is slow
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cool cherry picked stat. now show me which currency is replacing it. oh wait there isn't one because despite all the doomer bullshit USD is still dominant and will be for foreseeable future
 
Tyrone said:
cool cherry picked stat. now show me which currency is replacing it. oh wait there isn't one because despite all the doomer bullshit USD is still dominant and will be for foreseeable future
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Yep Yuan only went from basically nothing to 2%. Most dollar decline went to smaller currencies like Aussie/Canadian dollar, not to any single replacement.
 
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