News for hackers. Stuff that matters.

A comment on Tether starting to lose its peg too, after Terra did. Parent comment

Re:Tether starting to lose its peg too, after Terra did by MereInterest on Thursday May 12, 2022 @07:27AM (#31352392)
I can use my Monopoly money to get more Monopoly money, too.
[ Parent | on HN ]
Re:Tether starting to lose its peg too, after Terra did by Spooky23 on Thursday May 12, 2022 @08:03AM (#31352738)
That’s the root of the scam!

One of the big appeals from crypto people is essentially “all money is bullshit, so buy my bullshit”. The even nuttier people would position Bitcoin as gold.

[ Parent | on HN ]