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If you print tether it will only devalue tether and make the price of bitcoin (in tether) go up further.
by npoc 3y ago
If you print tether it will only devalue tether and make the price of bitcoin (in tether) go up further.
- NotYourLawyer 3y agoTether is a stablecoin. It’s not getting devalued unless/until there’s a run on it and it goes tits up altogether.
- npoc 3y agoIf you print it you either devalue the underlying dollar (and therefore tether), or you risk a run just as you would if you printed bitcoin. You can't just print money without side effects.
- NotYourLawyer 3y agohttps://m.youtube.com/watch?v=xIAJl-wZElg https://m.youtube.com/watch?v=xIAJl-wZElg