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> Even if everything alleged were true, it really wouldn't be a drop in the bucket compared to the kind of shenanigans central banks have been pulling for centu
by CarelessExpert 6y ago
> Even if everything alleged were true, it really wouldn't be a drop in the bucket compared to the kind of shenanigans central banks have been pulling for centuries. 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.
Man, I find it endlessly amusing that cryptocurrency utopians touted the benefits of BTC based on how it will democratize finance and finally remove the yoke of corrupt governments manipulating currencies and markets to their benefit.
And then when a private company like Tether comes along and starts engaging in shenanigans in this cryptoanarchist libertarian fantasy land, all of a sudden the whataboutisms pop out and the excuse is "well... whatever dude, like, the government does this, too!"
- rglullis 6y agoBoth your paragraphs are correct, yet each refers to different groups of people.