We Study Billionaires - The Investor’s Podcast Network cover image

BTC194: Tether's Backing and Pear w/ Paolo Ardoino and Mathias Buus (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

NOTE

Bitcoin vs USDT: Holding Value and Utility

Various segments of the Bitcoin market include long-held coins, indicating a significant store of wealth potential. Bitcoin is increasingly viewed as a superior long-term asset compared to US dollars or USDT due to its scarcity and role as a wealth reservoir. While Bitcoin aims for broader adoption, especially in developed markets, USDT thrives in contexts where users seek stability linked to the US dollar, particularly in emerging economies. The prevalence of USDT can be attributed to users in these regions exchanging unstable national currencies for a more stable asset. Despite concerns regarding US dollar inflation and the notable increase in its supply, it remains preferable to the national currencies used by billions of people globally.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner