There's some strong research to support Tether being used to manipulate Bitcoin's value, and Tether's site was recently updated to clarify that it is in fact no

There's some strong research to support Tether being used to manipulate Bitcoin's value, and Tether's site was recently updated to clarify that it is in fact not backed 100% by USD. Both of these are top 10 crypto assets... Not to mention MtGox manipulated prices during the 2013 bullrun. You're trying to paint this as some sort of hypothetical scenario when this has already happened! And will happen again if this "rainbow network" gains any significant traction.