Re:Report on Stablecoins [pdf]
by vkou on Monday November 01, 2021 @10:48PM
(#29076318)
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...
If the Fed prints another trillion dollars tomorrow, their stock price could double, wiping out your short...