Re:Tether starting to lose its peg too, after Terra did
by whimsicalism on Thursday May 12, 2022 @12:39PM
(#31356514)
You can't just string along two unrelated concepts with the phrase "meaning that." Not going to keep replying.
That's a reserve for sure. Is it enough for this current storm that the cryptocoin community is having? Obviously not, it all collapsed. But it was substantial enough to perpetuate its own myth for over a year.
That's the thing. You have to admit that these things can last months, or years even if you want to be honest about discussing the nature of these cryptocoins.