140 iq: arthur hayes has more bitcoins than CME and if they try to manipulate the market, then hayes will out-manipulate the for profit.
WE ARE FUCKED
Thomas Watson
Camden Ortiz
You realize tether is people bringing money into crypto right? Court documents showed it is overwhelmingly backed. Oh dear you idiot.
Evan Butler
“It’s all backed and accounted for”
Michael Price
Moonbabies galore. You will be capitulating into my buys this fall. Fucking lmao at you cucks
Camden Robinson
>2 doubleposts
s e e e t h i n g
Kayden Wilson
How long will this collapse last before there's recovery?
Landon Phillips
I read that tether is backed 70% by fiat. Which is still orders of magnitude better backing than fractional reserve banking.
Angel Fisher
Tether is literally irrelevant in case of global crash. Everyone believes 1 Tether = 1 USD. Of course it's not fully accounted for.
But guess what, if economy crashes, so does USD.
And guess what will people believe then? That still one tether equals one USD. And one USD now, relatively, will be worthless. Therefore BTC/Tether value will increase. It's literally this simple.
Jesus christ some of you take yourselves for 190IQ but you literally can't wrap a single, simple economic concept around your head. Do you guys have any idea how price is managed?
Jaxon Martinez
Dollar will be the global safe haven from all the other shitty fiat next crisis. Take that to the bank
Levi Walker
I can't know whether that's true or not.
Why do you think USD will stay in demand during a crash?