3 ms·
> We know Celsius borrowed about a billion dollars from Tether (and then defaulted) I wonder if all this money that these people keep "misplacing" is softening
by zamalek 4y ago
> We know Celsius borrowed about a billion dollars from Tether (and then defaulted)
I wonder if all this money that these people keep "misplacing" is softening inflation at all.
- rossdavidh 4y agoMy goodness I hope they are not burning enough money to do that, it would be a cure worse than the disease. But since not much crypto is used as actual currency, probably not. If people spend their fiat currency more freely because they think they are rich due to holding Tether or whatever, possibly so.