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I think a part of the liquidity is provided by Tether, but the "most of the liquidity" rhetoric rings false. Honestly, crypto might crash now, sure, but long t

I think a part of the liquidity is provided by Tether, but the "most of the liquidity" rhetoric rings false. Honestly, crypto might crash now, sure, but long term I am confident we will see a crypto currency emerge as the global reserve currency. It just fits too well for it not to.

tw04 5y ago
> It just fits too well for it not to. It prevents governments from controlling their own fiscal policy. It doesn’t fit AT ALL with the way any solvent government currently runs their country. The only place it fits are countries with unstable or nonexistent financial markets.
WalterSear 5y ago
70% of *all* crypto trades involve Tether. How is this not 'most of the liquidity'?