Topic: Wealth and world assets and global wealth transfers something interesting here (Read 74 times)

The dollar can be liked or disliked. The US can be loved or disliked. But it is foolish to deny reality, and regularly whisper the mantras "the dollar is not backed by anything", "dedollarization", "soon the dollar will collapse"
First of all, at least for the simple reason that this currency has the best collateral, and there is no analog even close to it. Even the euro, secured by the power of the EU economy and the same geopolitical power of the EU, cannot compete with the dollar !
But at the same time, I agree that asset diversification is necessary ! And it is very right to divide your investments into different assets - dollar, euro, gold, bitcoin, ..... 

Indeed yes If your local country currency or regime changes or suddenly economic crashing then off course you want to hold decentralized asset and to be part of bigger economic network of Global people.
Indeed, yes you want to hold asset wich is limited capital of some one country for example sp500 i don't trade anymore because it's only one country economy mostly usa.
But yes i want to sleep well and to know that my asset is connected WorldWide people and usdt is that kind of strong asset.

We know USA Are in dollar and oil economy
Canada also oil , but we also don't need to just count what the instutions and big companies using the most trusted and utility crypto asets will make big market cap because of the large number of people the btc usdt and tron network of people are now so large that we can't even measure this and you want to be in the global asset so it means you are part of economy of Global your wealth is not limited by your local life and situation and that's huge thing.
We need to think that currencies and asssets people use it Are part of economy Also.
So we have times in Crisis and strongest assets are those wich ones people hold.
Now If we talk with people what they hold and what they use ... Many people from all over the world Will say

They hold and use for their everyday money needs , btc, usdt, ...and now ton coin it's fast and good blockchain with good team.

So no matter what's going on all over world people use
3 assets , btc,usdt, Ton ...and this is own large market of USDT btc users.

Now If anyone want to send money to me or i want to send Him most of the answere Will be USDT.

What i have to say in times like this Crisis and uncertanities most people Will hold usdt and needless to say it's tron USDT.
Becouse a lot business dealing are by tron USDT and that's not small economy.

So dollar is now on blockchain but other currencies are not so If country currency don't exist on blockchain then it doesnt existing allmost at all.

Btc IS good as digital gold to keep wealth but USDT we use our everyday transactions.
Also in times of Crisis euro and UK currency are in trouble but USA dollar going higher and you can have USDT on blockchain specially tron usdt then everybody see that dollar specially the usdt will buy all the world.

While i have my money i don't hold no euro more than 100€ or UK currency neither and most of my wealth will be in USDT becouse no matter what happens in the world USDT getting better and better.

But it Will be biggest wealth transfer in history so anyone who hold other currencies than dollar they lose value.

USA is way ahead of other countries they have their USDT all over the world.

No questions about that economy Western world backed by nothing and not big enough .. If you want to be part of bigger economy Marketcap than look for assets wich market are huge.

So USDT is holded by USA , ca eu russians chinese people and they can transfer instantly so it means If you hold slice of USDT you are part of huge economy the good things IS that Tether backing USDT with BTC that's even better

So in times like this no matter what happens you hold btc and USDT and tron because of USDT TRON NETWORK you Will hold strong assets.

Those who entry in valued assets early Will make most of the money they never need to worry about world situation they have assets once they hold it they are part of the bigger network of people and that's own economy we can call it people economic network.


Oil, gold, Silver.. Market is not even so good the btc ,tron,ton,and usdt Will make us rich becouse wealth is there where is  people and more and more people moving in this assets.