Some people must be feeling a little bit silly right about now. Bitfinex 'opened' back up their banking yet, the premium remains. Weird.pic.twitter.com/1trL67YHPW
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Why do you speculate that a collapse in usdt is happening now vs last year or a year from now? It would imply that there is a demand to sell usdt for usd and no more btc left to sell for usd, to cover redemptions, right? Or is it strictly a lack of fiat banking?
It takes time for it to fall apart, a good catalyst was noble bank failing.
You’ve been making it seem like Bitcoin is going to crash with Tether, now you’re saying prices stay flat?
whether tether is a scam or not is an academic question to me and all I care about are the implications for the price of btc. No one who “believes” in usdt will spend the time being cross examined by skeptics that bifinexed will. Cut him some slack for not having a crystal ball.
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