Re:Shorting Bitcoin
by bcrl on Wednesday June 30, 2021 @10:37PM
(#27695774)
Why not short USDT directly then rather than throwing BTC into the mix?
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The more I think about it, the more I think that this is actually a pretty genius trade. The price of Tether is effectively capped at 1 USD, so it's not like a short position could blow up in your face. All you'd stand to lose is the interest.