Re:Bitfinex just spent $23.7M in fees to make a single Ether...
by ac29 on Monday September 27, 2021 @06:16PM
(#28676724)
The new kingmakers are the stablecoins. Whichever chain they decide to honor has a huge amount of economic weight behind it.
How much of this economic weight is real, at least in the case of Tether, is another story. I suspect we'll find out in the next few years as regulation ramps up.
How much of this economic weight is real, at least in the case of Tether, is another story. I suspect we'll find out in the next few years as regulation ramps up.