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Any article which talks about Bitcoin as an investment without mentioning (at least in passing) the currently unregulated exchanges and the role of Tether in th
by rtempaccount1 7y ago
Any article which talks about Bitcoin as an investment without mentioning (at least in passing) the currently unregulated exchanges and the role of Tether in the price, is missing a large part of the picture.
The current set of exchanges which are setting the price are totally unregulated banks (effectively) and with Tether (a "stablecoin" that isn't 1:1 backed and which has been rapidly inflating it's supply) there are significant concerns about how much of the price is really reflective of demand.