Re:Coinbase valued above $100B, ahead of direct listing
by rapsey on Saturday February 20, 2021 @12:09AM
(#26201772)
For bitcoin at least, Tether printed enough.
[ Parent
| on HN ]
Re:Coinbase valued above $100B, ahead of direct listing
by tracedddd on Saturday February 20, 2021 @02:01AM
(#26202220)
If you assume tether is largely legitimate, the observable behaviors would look indistinguishable from the claims of fraud.
Tether “being printed” is per design. Just like wire transfers and account signups to Coinbase, they align with spikes in price.
That’s not to say they are legitimate either, but the constant conjecture about it is mostly people confused about causation.