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A comment on Shorting Tether for Fun and Profit. Parent comment

Re:Shorting Tether for Fun and Profit by aeternum on Sunday January 08, 2023 @12:11PM (#34300875)
Why do you believe that Tether is investing in riskier assets than treasuries and equivalents? With so much capital, and all the scrutiny they've had for many years and throughout many cycles it seems incredibly foolish to do anything else.

Tether effectively has a risk-free golden goose, it seems quite foolish to slaughter it in an attempt to gain slightly more alpha.

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Re:Shorting Tether for Fun and Profit by hiq on Sunday January 08, 2023 @12:27PM (#34301043)
1. doesn't this describe FTX just as well?

2. if they're not doing anything shady, how come they can't be more transparent than they are?

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Re:Shorting Tether for Fun and Profit by chollida1 on Sunday January 08, 2023 @01:07PM (#34301434)
> Why do you believe that Tether is investing in riskier assets than treasuries and equivalents?

That's easy. I can assume US treasuries will be here in 3 month, or a year or 10 years, and almost everyone will agree with me.

Almost no one would agree with close to 100% certainty that Tether will be here in 10 years or a year or even 3 months.

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