It doesn't matter if it's priced incorrectly and because of the scale of manipulation being carried out by Tether and probably other large actors cooperating to

It doesn't matter if it's priced incorrectly and because of the scale of manipulation being carried out by Tether and probably other large actors cooperating to influence price, btc cannot be priced correctly. The pricing mechanism for crypto is always going to be screwed by PoW, I think, because it naturally concentrates power into the hands of a few that can coordinate relatively easily.