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Yes, correct, thanks for the comment. I guess I see the people who are buying Tether (exchanging bitcoin for Tether for example) are market makers or lenders a
by washedup 5y ago
Yes, correct, thanks for the comment.
I guess I see the people who are buying Tether (exchanging bitcoin for Tether for example) are market makers or lenders and appreciate the liquidity that Tether offers, who would certainly be crushed by Tether collapsing. Overall though it shouldn't affect the demand for other blockchains... but negative news / narratives can do a lot of damage
- shkkmo 5y agoHow does a loss of demand/liquidity not have a direct effect on blockchain token prices?