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A comment on Shorting Tether for Fun and Profit. Parent comment
As you say, borrowing was cheap. There was no reason for it to decline after 2018 till 2020...
Reminder: other speculative assets didn't decline then :)
As I said before, Covid, with boredom and free money. No one used Bitcoin as investment and not many would borrow money for buying crypto.
Still: no one cares about Bitcoin anymore except some select people that live in the past.
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As you say, borrowing was cheap. There was no reason for it to decline after 2018 till 2020...
Reminder: other speculative assets didn't decline then :)
As I said before, Covid, with boredom and free money. No one used Bitcoin as investment and not many would borrow money for buying crypto.
Still: no one cares about Bitcoin anymore except some select people that live in the past.