Saifedean Ammous at Bitcoin 2025.

-> The Dollar is inflating.

-> Tether is becoming the global dollar.

-> Bitcoin is the long-term store of value.

“Nothing stops this train.”

Tether’s Bitcoin strategy may soon outpace its U.S. dollar reserves.

Then Tether will break the peg upwards.

Example: 1 USDT = 1.02 USD or more.

New Role for Tether:

Tether becomes a relatively stablecoin as the dollar declines.