Re:Report on Stablecoins [pdf]
by hossbeast on Monday November 01, 2021 @10:34PM
(#29076222)
Very interesting read, and it's refreshing to read some contrary opinions on the topic.
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The only contrary opinion would be the obvious one - that their correlation to tether's fortunes are not 1:1, and that shorting them gives you a bounded upside, and an unlimited, completely uncorrelated downside.
If the Fed prints another trillion dollars tomorrow, their stock price could double, wiping out your short...