2 ms·
> If the crypto-currency market is illegitimate due to money printing by Tether, then so is the conventional financial system due to quantitive easing by the Fe
by rglullis 6y ago
> If the crypto-currency market is illegitimate due to money printing by Tether, then so is the conventional financial system due to quantitive easing by the Federal Reserve and other central banks around the world.
IOW, "Meet the new boss, same as the old boss"?
No, there should be no moral relativism to get Tether out of the hook. It doesn't matter if they manipulated the market by one or one hundred billion dollars, they are a bad actor in the space that we must get rid of.