Tether (USDT): EXECUTIVE SUMMARY

The ultimate stable coin of human history is gold and silver;-)

John Knott

same here..

The Executive Summary has been blocked on Vimeo. Any way to fix this? My screen says "Sorry. Because of Privacy Settings, This Video Cannot Be Played Here."

I think that if you don't like the stable coins or U.S.D then the only place to put it is in Silver/ Gold

Thank you and yes pls let us know what to use when we exit out...USDC? Is that safe?

traveller

Again thanks guys, yes Dick that truly is the million dollar question.

They are being allowed to do this but i often wonder if Pat Price was too good and his priviliges were revoked. I often think how great Hitomi is and how she left us far too soon.

I would go into dai and its multi colateral now wich was aguably better just back by eth because now its more centralized. But of hand i would go with dai and usdc.

Thanks so, so much for allowing also this level to be seen, much appreciated, as usual. Would also really be looking forward to a " solution " video, as to which way would be best to navigate these incoming troubled waters ... :o)

Thanks for asking. I feel the same. Would like a follow up.

There are many other stable coins besides Tether. The one I like is TUSD. It supposedly has cash reserves to back it up, unlike Tether.

Thanks for the overview - that is it is over

Great Question put out there by Dick as regard "where to turn to with our crypto gains "when Tether implodes. We all of course want to avoid any Fiat currency for obvious reasons, but also holding cash in any bank is not a great option with the high possibility of a banking collapse when the bigger markets going into a sharp drop and melt down.? Looking forward to hear from the CV team on this topic.

The issue is simple: Tether itself claims up to 50% of its backing is ‘unspecified commercial paper’. Not illegal, but 99% chance of derivatives. Which means it’s a time bomb, and the right event can cause a major unwind, and potential liquidity crisis, even a bitcoin market supply dump to cover. It’s tied to Brock P, which is tied to Bitfinex, and shenanigans for days. This thing has to surface for crypto to move fwd long term, unfortunately. I wonder...does a broader banking crisis, involving derivatives, trigger the Tether event?

i've always had the feeling that USDC was going to be the one that the US govt would back as goldman sachs/circle and coinbase are behind it. seems like there is war going on that is trying to kick out tether; as tether is widely used in asia, this might spell trouble for these markets.

Do you think Dick is selling all his cryptos in the next 6 weeks or maybe half?

USDC? That's what my move was going to be. Unless we can find something better?

TUSD and USDC??

There is always that Black Swan event that no chart, or viewing, or medium can come up with. We can only smell the smoke and yell fire when the flames start showing themselves.

OMG this was so thought provoking and ideas rich! Also ... I'm picking up on BAO ..WoW.... Something I'm hoping to find more insights on to contemplate. ... I'm a slow chess gamer... So I need to just wait for the info I ask universe to come in good timing as it normally does do. Big shout-out of thanks guys and I'm a greenhorn here as I joined the Visionaries last night. Peace and prosperity to us all who are worthy. Loved and watched for Dick and Ed' presentations for Few years and lifelong fan and seeker of remote viewing here. Live long and prosper!

Thanks guys. Great info!

I was just about to suggest pax

Would USDC be an alternative ? Clif High has a time-marker for a big drop around December 2021 - about 95% drop but in 2022 he sees BTC at 2M+.

Watch Coffeezilla YouTube channel 'Exposing Tether' and read Bitfinexed on Twitter. Bitfinexed has been exposing the shady business of Tether and Bitfinex since 2017.

Why not just put into a gold backed crypto such as Pax gold? Or maybe you guys should remote view it first lol.