Re:Tether price manipulation
by notahacker on Friday January 08, 2021 @09:05AM
(#25684820)
USD is backed by being valid for the redemption of outstanding USD denominated invoices, loan repayments and tax bills, all of which ensures demand to possess the currency and are likely to continue to exist in increasing quantities in future.
"Escaping" that for something which literally is backed by nothing at all is a strange move.
"Escaping" that for something which literally is backed by nothing at all is a strange move.