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Most people who talk about Tether agree it's a scam, yet a lot of people hold money in it. It's an interesting case of mass psychology. How long can you kick th
by zelly 7y ago
Most people who talk about Tether agree it's a scam, yet a lot of people hold money in it. It's an interesting case of mass psychology. How long can you kick the can down the road? Nobody can say they weren't warned.
- bduerst 7y agoOne of the things I learned in my behavioral finance class during grad school was that there are people who would invest into ponzi schemes knowing it was a scam. They are betting the returns on getting out before the scam collapses and they lose everything.