kgkyltpgllg

3 ms·

1. 1.▲
   by kgkyltpgllg 6y ago

   It stayed at $3k for 4 months in 2018.
2. 2.▲
   by kgkyltpgllg 6y ago

   > more tether being created out of nothing How do you know that? Can you see Tether USD bank account, and can confirm that no USD is deposited there when Tether is created?
3. 3.▲
   by kgkyltpgllg 6y ago

   There is a big difference between two-way speculative volume and one way long term directional volume. If AAPL trades $15 bil per day, that doesn't mean that you can easily buy $1 bil without huge market impact.
4. 4.▲
   by kgkyltpgllg 6y ago

   But according to you there is no real liquidity in BTC/USDC, it's all in BTC/USDT. When you do that kind of buying, you need to go to the most liquid exchange (Binance), and that uses Tether.
5. 5.▲
   by kgkyltpgllg 6y ago

   > Tether isn't a small component of the Bitcoin ecosystem. It's at the heart of Bitcoin with it being the primary currency used to buy Bitcoin with at most exchanges So if you were a big company, let's say Tesla, which wan