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In this video, I discuss how the US government is indirectly funding Tether mining Bitcoin in Uruguay.
Thanks to Fed monetary policy, high US Treasury yields are now enriching stablecoin issuers like Tether, who benefit directly from the interest income.
Tether is now using that income not only to mine Bitcoin and help to secure the network, but also to accumulate Bitcoin.
The Bitcoin community is grateful to the US Treasury and the Federal Reserve for continuing to pump and secure Bitcoin.
Not investment advice! Consult a financial advisor.
Tether:
https://tether.to/en/
Tether Invests in Energy Production and Sustainable Bitcoin Mining in Uruguay:
https://tether.to/en/tether-invests-in-energy-production-and-sustainable-bitcoin-mining-in-uruguay/
Tether buying Bitcoin:
https://www.cnbc.com/2023/05/17/tether-buys-222-million-worth-of-bitcoin-to-back-its-usdt-stablecoin.html
Get a job at Tether:
https://tether.recruitee.com/energy
Bhutan Mining Bitcoin (For Years):
Bitcoin and Tether FUD:
Will Tether Crash Bitcoin?
Watch the Fed’s balance sheet grow:
https://fred.stlouisfed.org/series/WALCL
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#tether
#treasury
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30 Comments
WARNING: There are a number of scammers who are using my image and
channel name to try to connect with my viewers on WhatsApp and other
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always recognize a scammer by clicking on the image and seeing how
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better warn about Tether, that centralized shipcoin will implode at some point
Brilliant , thank you.
my god it's beautiful
Can a US corporation issue a bond (like any other corporate bond) in bitcoin? IE I give the corp 1000 bitcoin they give me interest in bitcoin for 10 years and then my 1000 bitcoin back. Is there any legal reason they cannot do this?
Liked, loved, commented, stacked more sats… This is life
Side thought, but using nuclear energy to power synthetic oil production made from harvesting atmospheric pollution particulates is probably the best near-term solution to energy and sustainability that can be achieved.
*Judeo-US Government Funding Bitcoin. There, fixed the title.
200 k looks good on you brother!! Thanks for your amazing insight as always mate🤙🏻🤙🏻🤙🏻🙏🏻🙏🏻🙏🏻
One publicly asked question to Yellen about US govt. funding bitcoin mining via tether and tether goes down.
Tether is headed for 2# place to pass Ethereum😂
I was under the impression that a lot of world governments. Don’t want to control or limit. Bitcoin are also in the process of mining it. Or in the case of China, didn’t they just make it illegal but then they took control of all of the bitcoin mining operations? I thought I read somewhere that the US government has lots of bitcoin stock pile up somewhere?
the vigilante says that the us is in control of BTC
One day you will be "Monero University" lol
They see them rollin'', they hatin', controllin' and tryin' to catch then minin' Bitcoin.
Thank you so much! Keep spreading the word and orange pilling the world!
Thanks Matt 👍I really appreciate your efforts
Bitcoin moon 🌙 on the tether background
Solar, wind, and hydro are a perfect combo for renewable energy and yes it can power the entire grid because the hydro reservoirs act as giant batteries so on a very sunny or windy day when there is lots of excess solar energy, it can be used to pump water uphill back into the reservoirs then released at night to generate power through the hydro turbines.
What if Tether doesn't have 1 dollar for every USDT it issues? What are the consequences? If a person owns BTC purchased with USDT that is not backed 1 to 1, does that person actually own the BTC? Sorry if these are ignorant questions, but I am still learning. Thanks in advance.
More excellent content, thank you, as always, friend.
200k subs!!! Congrats Sir!
Matthew is the new Rachel Maddow.
Can't understand how them darn Lefty's could still support windmills after seeing all the dead birds pile up.
Bitfarms mines substantially it's BTC in Quebec via hydropower
200k subs is proof of work. Thanks for all you do.
Health officials about intermittent fasting: GAAASP
Energy officials about intermittent power sources: Gimme the dough
I'm really keen to learn more about BTC. I watch most of your videos and am super bullish and am slowly working towards 1BTC 🎉 Have signed up for the mailing list. Fingers crossed. Although, the info and inspiration you provide is worth its weight without any promotion.
Hi Matt, I’m not arguing that Uraguay is actually on 94% renewables but… I know a lot of people that are off grid and use 100% solar. Batteries ARE good enough to run A/C, electric stoves/ovens, and all your conventional electronics. Solar panels now last around 40 years if you get decent ones. And lithium batteries can last over 25 years. I’m not saying it can be done on a mass scale yet but it certainly can be done. And, when the components last as long as they do there is a lot less waste than there used to be.
Always remember, if the USA is involved with anything, there is a sinister motive. If they do not tax the miners its because they're up to some other wicked evil scheme. There is nothing in their agenda that helps any human being on earth. The USA is by far the worst country in history and nothing good comes out of it. I can say that because I live there and know a lot of things many other people don't. Many of my family members worked for the government (FBI) or fought in the wars over the last 80 years. The USA is a great country to leave. That's the only thing great about it.