2 ms·
> In this case “panic-selling” Tether means a massive rush into Bitcoin and Ethereum. I’m sure there would be a lot of people who would like to trade their Tet
by paulgb 5y ago
> In this case “panic-selling” Tether means a massive rush into Bitcoin and Ethereum.
I’m sure there would be a lot of people who would like to trade their Tethers for Bitcoin in the event of a collapse, but who is going to sell it to them?
- deleted 5y ago[deleted]
- tgsovlerkhgsel 5y agoSomeone who thinks that they can recover 10% of the nominal value may be willing to sell BTC for Tether, at a price 10x as high as the actual-USD Bitcoin price.