Tether is a ponzi just as other shitcoins are ponzi feeding bitcoin and now eth. This is what we learned in 2018. And now you have even more elaborate schemes.

Tether is a ponzi just as other shitcoins are ponzi feeding bitcoin and now eth. This is what we learned in 2018. And now you have even more elaborate schemes. Bitcoin by itself cannot survive because you need constant flow of transactions to make it appear “active”. Similar to how people create shell companies across multiple borders to launder or hide money, you can do the same with crypto. Added bonus for crypto is that you can simultaneously pump prices while you’re laundering money.