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Is it possible to short tether effectively to profit when the whole scam collapses?
by bagels 5y ago
Is it possible to short tether effectively to profit when the whole scam collapses?
- vkou 5y agoSure, if you'd like to collect your winnings in bottle caps and IOUs. And if the exchange you are shorting it on doesn't wipe your position out through a margin call, in one of those strange moments where due to a mysterious glitch, tether breaks the USD peg for a few seconds. If you're looking for easier money, I'd recommend card-counting at a speak-easy ran by the mob, before I'd recommend getting into this business.
- bagels 5y agoYes, this is why I said effectively. That does not sound very effective.