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> Right now, it seems inconceivable that the financial elites would bail out the crypto market. But as the bubble gets bigger and becomes tied to Wall Street th
by qeternity 5y ago
> Right now, it seems inconceivable that the financial elites would bail out the crypto market. But as the bubble gets bigger and becomes tied to Wall Street through its investments, the likelihood increases.
This is really all one needs to understand in the current cycle. It's pretty much a foregone conclusion that Tether and ilk aren't a bunch of angels who can be trusted. But regulators are slow to act, and their gambit appears to grow so large, and have enough Average Joes sucked in, that they can't be brought down, due to populist pressure.