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Related: Tether’s bank Deltec says it invests customer funds in Bitcoin https://www.deltecbank.com/2021/01/14/a-covid-year-in-review/ https://www.deltecbank.co
by leppr 6y ago
Related: Tether’s bank Deltec says it invests customer funds in Bitcoin
https://www.deltecbank.com/2021/01/14/a-covid-year-in-review/ https://www.deltecbank.com/2021/01/14/a-covid-year-in-review...
https://www.coindesk.com/tethers-bank-says-it-invests-customer-funds-in-bitcoin https://www.coindesk.com/tethers-bank-says-it-invests-custom...
https://twitter.com/patio11/status/1349873798078558209 https://twitter.com/patio11/status/1349873798078558209
The next weeks/months are going to be fascinating to watch, as US regulators and invested institutions fight to both regulate and protect their crypto investments. Maintaining the inflated cryptocurrency valuations propped up by Tether while simultaneously removing it from the game before too many eyes set on it, will surely require subtle maneuvering.
Ultimately I do suspect OP indeed, sold early, as the game theory mechanics strongly favor just participating in the Ponzi rather than trying to bring it down, especially when this has the potential to be the one last great bubble before a major recession.
- qeternity 6y agoUS equities are the one last great bubble. But crypto are a symptom of the same disease.
- azeirah 6y agoThe OP said that he got out 100% right? Why not get out with something along the lines of 96% of your portfolio if you made over 600% profit anyway? Eh, I would never bet 100% of my investment in a market based on knowledge I obtained myself, there's no no noo way I can see the entire picture.