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A comment on Bitfinex and Tether required to end all trading activity with New Yorkers. Parent comment

Re:Bitfinex and Tether required to end all trading activity ... by albntomat0 on Tuesday February 23, 2021 @09:15AM (#26237455)
I'm not convinced your argument works. Bubbles exist until they suddenly don't.

This isn't a strong argument that it's a bubble, but the burden of proof is solidly on the tether folks to show that they're 100% backed, not the other way around.

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Re:Bitfinex and Tether required to end all trading activity ... by jcfrei on Tuesday February 23, 2021 @10:01AM (#26238050)
I'm not arguing - I'm making a statement. It's evident from market prices that investors don't care. Whether the market should care is another discussion but the parent asked about the market's reaction.
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