Re:Shorting Tether for Fun and Profit
by williamsmj on Sunday January 08, 2023 @11:38AM
(#34300530)
They are investing $250. The author realizes that this is not a great trade. It’s a proof of concept.
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not much of a proof of concept then
Did we ... need proof of this concept? Here's a thread just on this forum, from over a year ago, explaining exactly how to short Tether via the trade the author is "proving":
My take was this is less about proving a concept and more a nerdy/amusing/I don't mind losing money way of saying "I strongly believe Tether is a house if cards that will blow over at some point".
Hence the last line - "for the eventual pleasure of saying “I told you so”."