Re:Bitcoin Is Acting Like Just Another Tech Stock
by demygale on Wednesday May 11, 2022 @10:40PM
(#31348668)
Tether is (mostly) fine today.
But it’s an absolute, unmitigated scam and will collapse with the slightest pressure. As BTC declines, Tether’s backing declines as well, even as they print more Tether to pump up the price of BTC.
But it’s an absolute, unmitigated scam and will collapse with the slightest pressure. As BTC declines, Tether’s backing declines as well, even as they print more Tether to pump up the price of BTC.