Is it possible that if cryptocurrency gets accepted all over the country, tether or any other stable coin will start creating stable coin for all the currency available in the world? I think they will go for that and create money out of thin air. What do you think? Will tether do that ever in the future once crypto goes more mainstream? Or govt themselves will create their own currency at the end?
PS- Self-moderated thread to prevent spam.
PS- Self-moderated thread to prevent spam.
I think every government eventually has plans to create a separate digital currency under their control. Money/finance is the important way in which a government wields control over it's citizens and I don't think a government will be willing to hand over that control to normal people . We will see this happen.