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But Occam's razor says it's probably just that a whole ton of money has gone into and trading volumes have increased a lot over the past 6 months.
by fallingknife 6y ago
But Occam's razor says it's probably just that a whole ton of money has gone into and trading volumes have increased a lot over the past 6 months.
- panarky 6y agoIt's strange how perfectly rational people who know Occam's razor and Popper's falsifiability principle, and can explain with great eloquence why correlation is not causation, are unable to apply the same logical reasoning to cryptoassets.
- qeternity 6y agoNo, it doesn’t. Occam’s razor literally says if it walks like a duck and quacks like a duck, it’s probably a duck. Tether has admitted to being fractionally backed. They are unaudited and the directors are ghosts. Who the hell would deposit with that type of an organization? Most people would rather just transact in fiat and for those who must have stable coins, every other stablecoin is an order of magnitude safer.