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That’s bs... tether precedes bitcoin volume

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8) @Nouriel repeating bullshit about Tether. USDT is minted when makets go up because people want to create it to buy BTC; no conspiracy needed!

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Agreed, tether creations often lead to price increases—but again doesn’t mean there’s anything illicit; those are legit customers!

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That is contrary of what you tweeted previously

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Ah sorry I guess I wasn't clear! I think USDT is minted a lot, especially during bull runs. I think it's basically all legit minting, NOT market manipulation. Prices going up means people are buying, and lots of people buy through USDT /

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3:01 AM · Jul 3, 2019Twitter Web Client