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If by cash you mean Tether tokens, maybe. A bit strange how tether tokens are printed into existence to save the day for the other cryptos.
by raducu 7y ago
If by cash you mean Tether tokens, maybe.
A bit strange how tether tokens are printed into existence to save the day for the other cryptos.
- uncletammy 7y ago> If by cash you mean Tether tokens, maybe. Bingo. For those curious, here is a very thorough history of Tether and how it's use brought chaos to the entire cryptocurrency ecosystem. It was used as a money printer to prop up an insolvent (and criminal) exchange while creating insane volatility in the markets. It is still alive today and continues to be a massive liability for the entire industry. https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/ https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/