2 ms·
I know I added it in a later edit, but did you ignore the part I said about systemic issues deliberately? Tether is on the same track to become Mt. Gox, times
by rglullis 6y ago
I know I added it in a later edit, but did you ignore the part I said about systemic issues deliberately?
Tether is on the same track to become Mt. Gox, times a hundred. They are trying to outsmart the market and inevitably going to fail and wipe out the funds of those that trusted them. They will get rekt'd at some point. That will be good. Not for the people involved, but the overall system.
> This argument you're making is basically Citizen's United. (...) Anyone can talk free of charge but unless you're doing it loud enough, what you have to say doesn't matter because nobody can hear you.
Quite the opposite. My idea is that talk only should be considered when it is not cheap, when it involves a considerable stake from whoever is calling for action/change/bet. It is not free (of cost) and it should not be free (of consequences).
The problem is that the current system even when you get organized with a sizeable group (WSB) who is willing to pay the price and face the consequences, you still get silenced, shut down or rug pulled.