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RE: More Millionaires Will Be Made… Because There Will Be More Money In Crypto

in LeoFinance4 months ago

How about selling into or holding USDT(or other dollar demnominated crypto asset) instead of actual fiat dollars?

I think it'll be really great to purchase more essential real world goods/services directly with crypto without having to "touch" fiat currency in the process :)

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Yes, how about holding USDT? Will USDT crash as the USD crashes? If yes, it is not a good place to be.

Makes sense. They're interconnected altogether, even though it may not be readily apparent. But then, could the token of blockchain networks become a unit of account despite their inherent volatility?

USDT could become more valuable than the dollar. As the dollar crashes.
USDT could also be found to be a fraud.

Really hard to know what is going to happen with that one.