Tether's Impact on U.S. Debt and Bitcoin's Rise

This chapter examines the potential influence of Tether on U.S. public debt over the coming decade, detailing its relationship with U.S. treasuries and presenting projections of significant debt reduction. It discusses Tether's strategy of accumulating Bitcoin as a hedge against economic instability and its possible transition from a dollar-backed stablecoin to a Bitcoin-backed one. A dialogue exploring the implications of fiat currency and the relevance of gold vs. Bitcoin in today’s monetary system highlights the shifting landscape of financial alternatives.