Tether CEO predicts USDT obsolescence and advocates for Bitcoin as the ultimate currency.
Paolo Ardoino, the CEO of Tether, predicted in a controversial interview that in the not-so-distant future, all fiat currencies will collapse and experience severe inflation, rendering USDT completely useless. Considering himself a Bitcoin maximalist, he believes Bitcoin is the only currency that can withstand disaster for the next 2000 years. Ardoino views the $140 billion market value of Tether as a temporary tool to transition crisis-ridden economies to a Bitcoin-based future, emphasizing that USDT should only exist as long as needed.
