Sometimes you have to get punched in the face to win a fight. It doesn't make sense to just allow tether to continue operating if they don't have money backing it. Sure it would tank the market and recovery could take a while, but we need bad actors to be held accountable in order for trust to expand and flourish. imo. Great video.
Yeah, overall, I agree with your stance. If Tether really is as bad as some people think it is, then they need to be flushed out as it’s essentially market manipulation. I just hope it all gets exposed after the bull run lol. Thanks for the feedback, and for watching
They don’t keep dollar for dollar - they use an algorithm and buy other crypto assets to maintain the pin to the dollar . That is why tether has always been a very risky stable coin
Sometimes you have to get punched in the face to win a fight. It doesn't make sense to just allow tether to continue operating if they don't have money backing it. Sure it would tank the market and recovery could take a while, but we need bad actors to be held accountable in order for trust to expand and flourish. imo. Great video.
Yeah, overall, I agree with your stance. If Tether really is as bad as some people think it is, then they need to be flushed out as it’s essentially market manipulation. I just hope it all gets exposed after the bull run lol. Thanks for the feedback, and for watching
They don’t keep dollar for dollar - they use an algorithm and buy other crypto assets to maintain the pin to the dollar . That is why tether has always been a very risky stable coin