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There is complacency among the exchanges though. You really believe all that volume and price action is legitimate? Exchanges want tether to be worth what the
by gzu 7y ago
There is complacency among the exchanges though. You really believe all that volume and price action is legitimate? Exchanges want tether to be worth what they say it’s worth, 1 USD. The alternative is a massive crash in tether and therefore bitcoin price therefore altcoins price therefore profit (trading fees) for exchanges. The scam can go on much longer than you/anyone can imagine.