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Seriously? The specific instantiation of the high-level concept is the proliferation of stablecoins, most notably Tether, which has printed $62 billion and cou
by Clewza313 5y ago
Seriously? The specific instantiation of the high-level concept is the proliferation of stablecoins, most notably Tether, which has printed $62 billion and counting. It doesn't require a conspiracy theory to note that being able to literally print money would be incredibly lucrative for everybody involved, and many concerns have been raised about the extent to which these coins are backed by fiat, since if they aren't, that would hugely inflate crypto valuations.
- jkhdigital 5y agoI’m well acquainted with the shady dealings of Tether and Bitfinex, but that is still not a concrete, causal explanation for an observed phenomenon.