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village-idiot on Oct 15, 2018 | parent | context | favorite | on: Tether (USDT) price falling to $0.95

Also, you need USD. Even if every other economic transaction you make is in crypto, you have to pay your taxes in USD. This alone adds quite a bit of demand for fiat.

patrickg_zill on Oct 15, 2018 [–]

Yes, there are very few examples of fiat being issued without requiring taxes be paid in that same fiat, as a way to drive demand for the currency.

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