A number of commentators deep in crypto have said Tether issues their crypto out of thin air and use the proceeds to buy btc. Also there has never been an audit of tether. They've been implicated in the Celsius bankruptcy and were loaning the Celsius scheme money
Since BTC is no longer "up-only" does the speculative money go back to silver? That 40+ year breakout of $50 on silver
Feels like silver is a catch up trade to gold... I dont really have any feel for it
for those who want a stable coin that remains stable in real space, USDi is the ticket. tracked US NSA CPI mechanically. worth a look.
0x63E5cBd71fB7424873f0001F66FdFFa2a3121dbF
A number of commentators deep in crypto have said Tether issues their crypto out of thin air and use the proceeds to buy btc. Also there has never been an audit of tether. They've been implicated in the Celsius bankruptcy and were loaning the Celsius scheme money
And yet they survive...