Tether FUD going full steam in alt channels...
It's yet another indicator of how clueless many 'crypto peeps' are. For years now, neither Tether truthers (who are often shitcoin desperados) nor the NYAG have ever found evidence of fraud - but THEY 'know' something is foul!☝️🧐🤡
It's yet another indicator of how clueless many 'crypto peeps' are. For years now, neither Tether truthers (who are often shitcoin desperados) nor the NYAG have ever found evidence of fraud - but THEY 'know' something is foul!☝️🧐🤡
Connecting USDT only (!) to Bitcoin, their wishful thinking is: if Tether failed, so would BTC, which would justify their investment in [insert shitcoin here] instead.
In fact, this would be good for #Bitcoin: it's role as the only crypto reference currency would be reenforced.
In fact, this would be good for #Bitcoin: it's role as the only crypto reference currency would be reenforced.
Beside their technical cluelessness on how Tether actually 'flows', and their bias of Tether as a 'Bitcoin helper', they completely miss the likely actual reason behind the anti USDT rumors:
to lure newbies into the much more regulated USDC.
to lure newbies into the much more regulated USDC.
Feedback / thoughts are welcome.
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