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> The Tether fraud has inflated BTC far more than 5.4% in the last year. Tether is a concern. What happens to BTC when (not if) it blows up is unclear, there
by ur-whale 5y ago
> The Tether fraud has inflated BTC far more than 5.4% in the last year.
Tether is a concern. What happens to BTC when (not if) it blows up is unclear, there is a whole spectrum of opinion on the topic. It will certainly create huge ripples in the BTCUSD curve. I personally believe Tether's implosion will be a very good thing for Bitcoin if you have a long term horizon.
With regard to "inflating BTC", I'm not sure I understand why it's a bad thing.