It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it’s worth 97 cents). – Erik Voorhees

It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it's worth 97 cents). - Erik Voorhees submitted by /u/Fly115
[link] [comments]

Bitcoin – The Currency of the Internet

The $1 dollar backed tether (USDT) is now worth less than 97 cents.

This is about price but of a different thing. People are willing to sell USDT for below $ 1. They would rather hold "actual real money"TM rather than bitcoins or so called stablecoins. This is telling. If someone wanted to exit USDT why don't they just buy bitcoin or any coin for that matter instead of selling USDT at a loss?

https://cryptowat.ch/markets/kraken/usdt/usd/5m

submitted by /u/i_gotta_say
[link] [comments]
Bitcoin – The Currency of the Internet

Ray Dalio: “I expect borrowing and printing money will both grow, which will weaken the dollar and eventually diminish its role as a reserve currency. Said differently, the soundness of our finances is weak.”

Ray Dalio: "I expect borrowing and printing money will both grow, which will weaken the dollar and eventually diminish its role as a reserve currency. Said differently, the soundness of our finances is weak." submitted by /u/myquidproquo
[link] [comments]

Bitcoin – The Currency of the Internet

“The Fed Reserve has destroyed 98% of the purchasing power of the dollar since 1913 an in the meantime they have financed every war they couldn’t have financed if they were on the gold standard”. – Ron Paul | Got Bitcoin?

"The Fed Reserve has destroyed 98% of the purchasing power of the dollar since 1913 an in the meantime they have financed every war they couldn't have financed if they were on the gold standard". - Ron Paul | Got Bitcoin? submitted by /u/Crevative
[link] [comments]

Bitcoin – The Currency of the Internet