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Re:Tether price manipulation by qeternity on Friday January 08, 2021 @08:03AM (#25684233)
This is true. It's also the tremendous irony of bitcoin evangelists narrative that fiat is worthless yet constantly touting every ATH (which is priced in that supposedly worthless fiat). Who cares what BTCUSD is if USD worthless?

And then you realize that this is pure speculation and the most ardent supporters are just praying for the greater fool theory to rain good fortune on them.

You need look no further than Coinbase, supposed beacon of our crypto future, IPO'ing and raising money in...that worthless green piece of paper known as the US Dollar.

Re:Tether price manipulation by jdhn on Friday January 08, 2021 @08:14AM (#25684339)
The vast, vast majority of "bitcoin evangelists" couldn't care less about the actual mechanics of Bitcoin. They don't care that it was created as a digital F-You to fiat currency, and they don't care that it enables you to be your own bank. Just look at /r/bitcoin. It's 99% price/hodl memes, and 1% posts about the protocol & enhancements to the protocol itself.
Re:Tether price manipulation by tromp on Friday January 08, 2021 @08:41AM (#25684613)
For bitcoin protocol discussion there is the Development & Technical Discussion [1] on bitcointalk.

Some general cryptocurrency technical discussion can be found on r/CryptoTechnology [2]

[1] https://bitcointalk.org/index.php?board=6.0

[2] https://www.reddit.com/r/CryptoTechnology

Re:Tether price manipulation by sneak on Friday January 08, 2021 @09:19AM (#25684933)
In the decades-old tradition of foss collaboration, there is also [email protected], which is quite good.

https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-d...

Re:Tether price manipulation by ekianjo on Friday January 08, 2021 @08:08AM (#25684287)
> You need look no further than Coinbase, supposed beacon of our crypto future, IPO'ing and raising money in...that worthless green piece of paper known as the US Dollar.

is it possible to do an ipo in crypto?

Re:Tether price manipulation by qeternity on Friday January 08, 2021 @08:23AM (#25684431)
...you mean like on one of the many many crypto exchanges?

An ICO is just an IPO by a different name. There are also crypto stock exchanges.

But more importantly, even if it weren't possible, why would they ever sell their shares for worthless legacy money? Unless...