Prediction - USDT (Tether) Worth $112B Will Die Within 10 Years

Prediction Date - 18 Oct 2024 / End Date - 18 Oct 2034

USDT is Bernie Madoff on steroids. It is supposed to be stable, but its not. Whenever it happens, it will really shake the world's confidence in crypto. Its circulating supply at the time of writing is $112 Billion. The impact of it is going to be huge.

Regarding why USDT is not stable, all the details and explanation is beautifully written in by Patio11 here. It is pretty long. But worth the read. I do not need to elaborate more than this.

If I had some "gambling money" (money I am willing to lose on a bet), I would buy the surviving crypto currencies in the aftermath of the crash.

The only shocking thing I found was that Bernie's fraud lasted 17 years. 🤯 It just shows how long fraud lasts in the world. I would have made the prediction 2 or 5 years. But I fear it may go all the way to 2034 or even beyond.