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Re:The World’s Biggest Crypto Firm Is Melting Down by TheCoelacanth on Tuesday September 26, 2023 @10:57AM (#37660349)
Fiat money is backed by guys with guns. Tether is not.
Re:The World’s Biggest Crypto Firm Is Melting Down by kkielhofner on Tuesday September 26, 2023 @11:08AM (#37660499)
Guys backed with guns funded by fiat (tax revenue).

It's unbelievable to me that crypto people don't see/understand/refuse to acknowledge the huge difference.

"It is difficult to get a man to understand something when his salary depends on his not understanding it."

Or (in this case) their gambling.