3 ms·
A (Formerly $13B)[1] Hedge Fund is shorting tether. I do think that tether is bullshit wrapped in mass psychosis, but will the commercial paper-based bet actua
by eutropia 5y ago
A (Formerly $13B)[1] Hedge Fund is shorting tether.
I do think that tether is bullshit wrapped in mass psychosis, but will the commercial paper-based bet actually pay off within the year, or will the markets remain irrational?
1: https://www.bloombergquint.com/markets/at-fir-tree-a-star-called-it-quits-and-a-hedge-fund-languished https://www.bloombergquint.com/markets/at-fir-tree-a-star-ca...
- chews 5y agoIt's betting the US Gov won't back those notes. umm what's stopped them before.