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A comment on Crypto Market Roiled by New Allegations Against Tether, Bitfinex. Parent comment

Re:Crypto Market Roiled by New Allegations Against Tether, B... by abakker on Thursday April 25, 2019 @08:14PM (#19753742)
Lessons learned from sovereign debt crises: don't defend the peg. Let it float now, it will hurt more if you defend it all the way to insolvency. Devaluation is better than forced debt restructuring or full bankruptcy.

Oh well, we'll see it all again.

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Re:Crypto Market Roiled by New Allegations Against Tether, B... by lalaland1125 on Friday April 26, 2019 @01:14AM (#19755016)
That reasoning doesn't matter for Bitfinex because when the money runs out they can just exit scam.
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Re:Crypto Market Roiled by New Allegations Against Tether, B... by bhouston on Friday April 26, 2019 @02:42AM (#19755300)
Maybe they already have. 850m is missing right?
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