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Why do you think there is only one shoe ("the Enron") to drop? Despite very little knowledge about crypto or conventional finance, what I've read about USDT su
by vba616 4y ago
Why do you think there is only one shoe ("the Enron") to drop?
Despite very little knowledge about crypto or conventional finance, what I've read about USDT suggests it has to collapse sooner or later.
I get this sense that people assume if there is some questionable stuff reported, and nothing happens, it must have been FUD. Like fast decaying radioactive waste, it has a half-life.
But when an organization has always made excuses for why they can't be audited, and tried to confuse people about whether they have been, it never becomes ok.
- lampshades 4y agoI agree that USDT will collapse at some point and it will have a massive effect across the market but that doesn't make the entire market equatable to the Enron situation.