You might think like that, but people were worried about these printings as well and yet they did it and there is no hyperinflation. Hyperinflation would happen if the money you spend would become useless and just saved at the banks of the people, reality is that we have a lot of people spending that, as long as the money is in the circulation there is no problem, if there is a "need" for the money there is no problem at all.

This is why I think there is nothing wrong with this. There is a big deal about this, who knows what will happen with the money printed there, but I do not think that USDT or others are nearly there, they are capable of printing much more, look how much they grew from last year, BUSD wasn't even a thing people considered and now it is in billions and USDT was under 10 billion if I am not wrong whereas now it is God knows how much.

no it is not.

anything happening to "USA dollar" means anything happening to USA while anything happening to USDT means something happening to the small company that keeps printing it and is already under pressure from the government and can be easily shut down.

you should be crazy to think stable coins are better than fiat USD!

You don't get it, the fiat money gets depreciated forever means it will never be valuable as now on the next day, its like a car the value will keep decreasing year by year.

your going to feel sorry if you traded all your volatile cryptos unto stable coins when the market pumps because you are not going to earn even a single cents but unless if you follow what the op advices which is your going to lend out your stable coins to the people that are in need  .

 lending is a nice business tho indeed but you should be careful from lending your coins and lend only to those who you think are trusted and has a nice collateral  . if your a trader stable coins are still uselful with you if you know how to use them wisely .

You sell dollar for dollar?

How's that? what's with the rise and fall of the dollar or any fiat currency in the world is that its value becomes lower when you see its purchasing power goes down.

I really don't see it as what you see as an investment.

US dollars are more stable than other fiats in the world but its not having stable value. The purchasing power of fiat always depreciate year by year due to inflation.

But why needs to be there printing money? Isn't the initial money in a society enough to work with? I understand the concept of debt very well and it is definitely needed in a society. Some people need money today without having it, so getting a loan and paying it back over the next few years is a good system. What I don't understand is why there needs to be a central insitituion that is printing money whenever they want. Doesn't this make it too easy for politcians to be reliable with our money? All the big countries are creating more and more debt each year.

OP is a troll and I don't think that OP is going to read anything to change that mind, you can't change a closed mind. I mean who defends central banks, those money prints is going to catch up soon enough because no matter how much they try and hide it, there is still a lot of paper money in the circulation which is going to cause inflation.

Later on, if something happens to his funds owed to the exchange, he will change his perspectives. Still it is best to have full control of your funds. That means, you have your own keys. Though for example, binance is a trustworthy exchange, still having your own wallet is much better than storing it to the exchange. I hope the OP will not encounter any prob by storing his assets to an exchange. He should know better already, with all the hacking incidents and other illegal activities, at some point, these exchanges will be vulnerable to these acts.

If you like someone else caring about your stuff, then you're not in crypto for the sake of cryptocurrencies but strictly for speculation. There's no way someone cannot understand how to use a Ledger Nano S. I don't think the process can be any more straight-forward than that. You literally have all instructions on the internet or in your delivered package.

There are so many things wrong in this statement... banks =/= exchanges

They are not stupids to invest on an asset-backed by stable fiat value. If they concerned that volatility of bitcoin is bad then they should by Gold not a stable coin.

They should buy bitcoin.

Since last year, it's reported that Turkish Lira is dropping in value. While bitcoin, it's increasing in value and we're in a value so it's a smarter choice if they'll invest in bitcoin instead of USDT.

That doesn't make any sense.  You're interested in cryptocurrency because of Binance?  Me brains can't handle that kind of motivation, and you're saying many others share the same motivation.  Bizarre.

And by the way, the success or failure of bitcoin (or crypto in general) does not depend on Binance or any exchange.  There have been many big exchanges that have failed, and the most those failures have caused were bumps in the road of bitcoin's success.  Having said that, I hope Binance doesn't fail--they're an awesome exchange, even if I'm unable to use them myself.  They survived that massive hack a year or so ago and it would have killed weaker exchanges.  That says a lot about them, IMO.

That's because it's a bizarre thing to say.