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Not my house. I use kraken so I think I will remain less affected than users of other, less credible, exchanges. Cryptocurrency has been working just fine befo
by cowtools 4y ago
Not my house. I use kraken so I think I will remain less affected than users of other, less credible, exchanges.
Cryptocurrency has been working just fine before tether, and it's going to work just fine without it. We've seen ups and downs. So I don't think it's that crazy when the house has failed many times in the history of cryptocurrency.
- Marazan 4y agoTether is The House. It doesn't matter what exchange you trade on, the price of Bitcoin (and by extension all crypto) is settled in Tether.
- mccorrinall 4y agoTake a loan in tether, sell it for real USD. Wait for tether to crash. Buy tether back and pay back your loan. Why should I care about BTC when shorting tether?
- Marazan 4y agoNo one is giving you an unsecured loan in Tether. What's your collateral?
- mccorrinall 4y agoUSD.