Saifedean Ammous, CEO of Saifedean.com and writer of The Bitcoin Customary, delivered a data-driven keynote on the Bitcoin 2025 Conference, warning of inevitable U.S. greenback decline and positioning Bitcoin as the one rational hedge. “Default, devaluation, or default by devaluation are inevitable,” Ammous declared, including pointedly, “Tether can’t repair what a century of fiat democracy ruined.”
Utilizing projections and stream charts, Ammous argued that Tether’s Bitcoin strategy might quickly outpace its U.S. greenback reserves. “Then Tether will break the peg upwards,” he stated, predicting a situation the place 1 USDT might equal 1.02 USD and proceed revaluing because the greenback weakens. “Tether turns into a comparatively stablecoin because the greenback declines.”
The discuss emphasised what Ammous described as a self-reinforcing loop: as USDT demand rises, so does Tether’s want for BTC reserves, which drives up Bitcoin costs—resulting in much more revaluation. “It is a important affect available on the market,” he stated. “Shopping for bitcoin is the neatest factor anyone might do.”
In a last sweeping assertion, Ammous forecasted the tip of the USD period. “Finally, USD reserves go to zero subsequent to BTC reserves,” he stated. “USDT retains getting revalued upward till it’s redeemable in bitcoin. USDT → BTCT.” He referred to as Tether a “transition financial system” and concluded, “Even essentially the most bullish situation for USD is way more bullish for BTC.”
To Ammous, the greenback is locked in a downward spiral whereas Bitcoin, with its “quantity go up know-how,” continues rising. “The factor that goes up goes to overhaul the factor that goes down,” he stated—summarizing his complete argument in a single sentence.