Join Nostr
2026-09-30 07:58:00 UTC

flix on Nostr: More Tether fund freezes. More reasons to use Bitcoin. ...

More Tether fund freezes.

More reasons to use Bitcoin.
The way I see it happening:

1. US restricts SWIFT and USD use to enemies.
2. They look for alternatives.
3. They realise the flaws with major alternatives: EUR, Yuan, Gold...
4. They experiment with crypto, starting with stablecoins.
5. They discover the flaws of shitcoins.
6. They try Bitcoin.
7. It works. It solves the problem. They gradually increase use.

In 2026 we have reached stage 4 as exemplified by stablecoin use in the oil trade by Venezuela, Russia, Iran.

Stage 5 will come very quickly the moment that stablecoin issuers freeze accounts (they have already done it in Venezuela).

I think we will see stage 6 in 2027-2028.