I’m personally pretty comfortable with Tether — but many aren’t, for good reason, and labelling legitimate skepticism as “FUD” puts you firmly in the category of cranks and pumpers, not serious people trying to build an ecosystem.https://twitter.com/OnrampAcademy/status/1478916693124657156 …
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What makes you comfortable with Tether?
My return on capital from using it is higher than my assessment of the risk of loss from holding it.
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Lol, and I agree 100%. However, do have a strategy around minimizing exposure or hedging? I struggle with the tail of losing a portion or all (if levered) of capital. To something that in hindsight, would be obvious.
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I think typically people will short its perp to hedge that risk, which makes whoever going long that effectively writes insurance for Tether. This leads to a very interesting product,which is USDTBULL, 3x long USDT perp. Still baffled me how one can DIY this cc
@robertmartin88pic.twitter.com/D62GSdGBle
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