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@prologic
I agree only with one thing he says, and that is that he doesn't understand the mechanics. I am not a fan of tether, since it is provided by a company I don't trust. But basically it is USD digitized/backed. People convert USD to tether to by Bitcoin. Inflation happens when you print money. Bitcoin has a cap of max 21 million coins. Fiat money has no cap.
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I agree only with one thing he says, and that is that he doesn't understand the mechanics. I am not a fan of tether, since it is provided by a company I don't trust. But basically it is USD digitized/backed. People convert USD to tether to by Bitcoin. Inflation happens when you print money. Bitcoin has a cap of max 21 million coins. Fiat money has no cap.
@tamer@twtxt.net, I just wanted to add that paper money has cap, of course. It is a regulated one. Money also ages, and gets disposed.