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Can anyone explain how this "arbitraged feedback loop" allegedly works? Arbitrage causes prices to converge, not spiral up or down.
by heptathorp 9y ago
Can anyone explain how this "arbitraged feedback loop" allegedly works? Arbitrage causes prices to converge, not spiral up or down.
- goialoq 9y agoTether artificially inflates the price of tether to $1. It's "tethered"
- heptathorp 9y agoThe claim is this phenomenon exists even without printing unbacked tethers. > Even IF Tether is NOT running a fraud