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15 Sep, 01:11
Bullish macro thesis on USDT as an alternative currency
Bullish-0.11%
AI Summary
The author advocates adopting USDT as an alternative economic system to evade RMB debts, taxes, and capital controls, explicitly recommending purchasing USDT even via borrowing.
Even if you owe millions in debt and taxes within the RMB system, if a USDT-based economic system emerges where your daily necessities are all conducted in USDT, no one can touch you. Even debt collection agencies would be shut down. You could even execute such a strategy: borrow money to buy USDT and join this new economic system.
Thus, the RMB system would transform into: ordinary people exchanging RMB for USDT to flee to another economic system, asset holders converting their wealth into USDT to avoid government redistribution targeting them, while the government prints massive amounts of currency to pay salaries within its own structure.
A senior executive is also selling, retail investors are selling, short positions are being aggressively built by many, and the stock continues to dilute through constant issuance. Just use common sense to predict what will happen next?