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HURRRRRRRRRRRRRRRRR but muh kikecoin is worth $97,000 dollary doos!

A fiat of a fiat currency that has a value in a fiat economy of fiat resources. Gold isn't valuable, silver isn't valuable, diamonds aren't valuable - all are fiat. Land, guns, ammo, tools, books etc. are valuable. Stop being retarded and thinking kikecoin means anything. Good job if you've actually made (fiat) money from it though. That's inflation, grats you are the problem now!

>HURRRRRRRRRRRRRRRRR but muh kikecoin is worth $97,000 dollary doos! A fiat of a fiat currency that has a value in a fiat economy of fiat resources. Gold isn't valuable, silver isn't valuable, diamonds aren't valuable - all are fiat. Land, guns, ammo, tools, books etc. are valuable. Stop being retarded and thinking kikecoin means anything. Good job if you've actually made (fiat) money from it though. That's inflation, grats you are the problem now!

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[–] • 0 pt

Really? Who is biggest buyer of US debt?

[–] • 0 pt

Japan.

[–] • 0 pt (edited )
[–] • 1 pt (edited )

They don't have anywhere near as many treasuries as Japan. They are only a big buyer right now because there's a huge run-up in crypto.

Gurbacs commented that if Tether was a country, it would have been the top 30 holders of the Treasuries.

Also, Tether isn't a cryptocurrency. It's a pile of fiat currency represented by tokens on different cryptocurrencies. It's used to trade crypto on exchanges. They have hundreds of billions, so they park it in treasury notes.