Please help to support this channel's work:https://www.youtube.com/@Bitcoin_University/joinIn this video, I discuss how Tether helps to prop up the US government by buying its debt and extending US dollar hegemony in the global south.Many Bitcoiners seem content to look the other way, often because they are directly or indirectly on Tether's payroll.Are we as Bitcoiners still going to be cheering on Tether when it is the #1 buyer of US Treasuries in the world in a few years from now? How are Bitcoiners going to rationalize supporting it at that point, when it's buying more Treasuries that Japan and China combined?Here are the stark facts:Tether exists only by the grace of Uncle Sam who refuses to go after the banks that hold Treasuries for Tether.Tether helps to prop up the US government by buying its debt.Tether spreads US dollar hegemony wherever it goes.It's high time to "cut the tether" that's holding back humanity.I don't care that Tether has been buying Bitcoin for its treasury or that it invests in the Bitcoin ecosystem. Those are two activities that any smart and successful company will do anyway.Just because the drug lord is paying for your schools and hospitals doesn't mean that you wouldn't still be better off not living under a drug lord.As for me, I want to use Bitcoin to help to defund the US government, not to expand its funding through USD stablecoins. Not investment advice! Consult a financial advisor.USD Stablecoins: Exporting US Toxic Sludge:https://www.youtube.com/watch?v=g4Z_tc8pL-I&ab_channel=BitcoinUniversityMark Goodwin on Preston's pod:https://www.youtube.com/watch?v=3ZrZAHAaOD4&ab_channel=PrestonPyshTrump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony:https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/The End of Stablecoins (Goodbye, Tether):https://www.youtube.com/watch?v=ICL5xKkqALA&ab_channel=BitcoinUniversityBinance ending support of BUSD stablecoin:https://www.theblock.co/post/265286/binance-ending-support-of-busd-stablecoin-in-decemberTether on Tron and Ethereum:https://tether.to/en/transparency/?tab=usdtTether Freezes All OFAC-Sanctioned Wallets:https://www.nobsbitcoin.com/tether-freezes-all-ofac-sanctioned-wallets-in/Tether: We've Onboarded US Secret Service and FBI to Our Platform:https://www.nobsbitcoin.com/tether-weve-onboarded-us-secret-service-and-fbi-to-our-platform/Latest Tether attestation report:https://tether.io/news/tether-releases-q1-2024-attestation-reports-record-breaking-4-52-billion-profit-highest-treasury-bill-ownership-percentage-ever-total-group-equity-of-11-37-billion/Tether holds more US Treasuries than Germany:https://cryptoslate.com/insights/tether-holds-more-us-treasuries-than-germany-ranks-19th-globally/Major foreign holders of US Treasuries:https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.htmlPaul Ryan's editorial on stablecoins:https://www.aei.org/center-on-opportunity-and-social-mobility/crypto-could-stave-off-a-u-s-debt-crisis/Trump speaking on stablecoins:https://x.com/Cryptovestor77/status/1817314070069965192https://x.com/paoloardoino/status/1817607123586502739Senator Lummis really likes the US dollar:https://x.com/SenLummis/status/1817302883894722687I 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 #stablecoin Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky....https://www.youtube.com/watch?v=Nq0s8v90YuM