People have been yelling about Tether for years, myself included. But nothing seems to stop it. Not lawsuits, not major news articles. The conclusion I draw is that, yes, the game is rigged - AND EVERYONE IS OK WITH IT. As long as it's making everyone money, no one will really complain. What I also find interesting, is that if tether ever DOES crash, the result might be a big boost for Bitcoin. If you hold Tether, an…
What kind of hopium is that? Once Tether collapses, the entire crypto market loses its faith as they've been trading against fraud and the market structure was as imaginative as it could be.
The collapse of MTGox already proved this theory wrong many years ago.