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RE: USD pairs on popular exchanges could change everything
Would certainly add much more liquidity to the broad crypto market and possibly, reduce correlations between assets. Will be curious to see which banks allow their US customers to transfer fiat to a crypto exchange though...
You wouldn't have to buy in USD... you could transfer bitcoin (or whatever your pleasure is) and sell to USD on the exchange. They don't even need to let you transfer it out necessarily, they just need to give you the ability to hold it (like tether but with actual dollars). I'm not sure it will make too much difference, since it doesn't introduce new liquidity (most investors aren't adding USD and just going from crypto to crypto). It would just wipe tether out.
If bitcoins are created out of thin air doesn't that mean that their inflating their bitcoins and decreasing their value?
No, because the entire timeline is outlined the net present value takes that into consideration. It's not the change in the money supply as is taught that causes inflation, it's actually the change in the rate of change. When the data changes the value changes... that's why all the price action on USD etc. occurs when rates change (or tax bill gets passed etc.), all future changes are getting priced in. At least in theory... reality is slightly different, but it starts to get complex.