5 ms·
the market does not seem to care. we are indeed living in a post-truth era.
by ajg4 5y ago
the market does not seem to care. we are indeed living in a post-truth era.
- dgellow 5y agoGive it time. Almost no one knows what Tether is. It's also a really technical, and thus niche, topic, not a lot of people understand the scam. Eventually a regulator body will finally do something about it.
- DebtDeflation 5y ago>Give it time. Yes. Bernie Madoff's scam lasted at least 16 years (1992-2008) and some suspect it could have started as far back as the 1970s.
- mathgenius 5y agoThe market creates the "truth".
- boublepop 5y agoHow do we tell “the market” from the half a billion fake dollars being pumped into the exchanges each day and the fake volume being traded between exchanges that hold significant amounts of USDT they know have no value when hell comes down but they need to respect until that point to keep the delusion going long enough to make more on new crypto than they are already under water? I have a sense that a healthy maker analysis would show that the market does indeed care, but there’s to much fraud in the mix for it to be clear unless you dig out the details.