Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by rjbwork on Friday June 29, 2018 @09:16PM
(#17428990)
Because even though they say that it's backed by a dollar per tether, there's literally nothing that is keeping it from being traded like a speculative security like BitCoin and other cryptos are.
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Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by windows_tips on Friday June 29, 2018 @09:37PM
(#17429041)
Why would anyone speculate it to be worth more than a $1 though?
Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by kyrieeschaton on Friday June 29, 2018 @11:16PM
(#17429300)
Liquidity premium on having your nominal dollar already in crypto for trading; liquidity premium of being able to send stable nominal dollars via crypto mechanisms.
Consider, why do some bonds trade at negative interest rates?
Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi...
by windows_tips on Monday July 02, 2018 @11:48PM
(#17447353)
seems like that premium would be tiny