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"Defend" is a four letter word; I wouldn't paint with such a broad brush. I hold the position that you need to be careful to distinguish between a) "every Teth
by SilasX 5y ago
"Defend" is a four letter word; I wouldn't paint with such a broad brush.
I hold the position that you need to be careful to distinguish between a) "every Tether statement is true/in good faith" vs "b) Tether will fail to produce sufficient backing value, sending crypto into a secular crash", and that a) is false but b) is false as well. That is enough to get me labeled a "defender" in some contexts.
Disclosure: I hold liquidity pools that have Tether and have borrowed Tether against BTC via DeFi.