Care to elaborate? Genuinely interested in those.

WRT Tether, when (not if) it implodes, it's actually unclear that effect it'll have on BTCUSD.

Short term, I think it'll lead to a huge price surge (USDT holders will rush for BTC/ETH as a bridge to get out).

Mid term, I believe it'll bring BTCUSD down by a fair bit (likely a 10x hit).

Long term, BTCUSD will be back to its unstoppable ratchet up.

See UST from Luna as an example.

The reason I like this idea is that it encourages behavior like people arbitraging the peg and they provide a service to keep it that way.

Here is a post mortem on the big crash back in the beginning of the summer and how it affected the UST algo stable coin.

https://medium.com/@terra-bites/luna-black-swan-do-kwon-ama-...

To me this was quite confidence inspiring, that even while the peg came off more than other stables it snapped right back.