rcohngru

4 ms·

1. 1.▲
   by rcohngru 4y ago

   There are two sides to every trade. Who would be willing to give up their BTC and ETH for banned Tether?
2. 2.▲
   by rcohngru 4y ago

   Couldn't the same be said for any major area that attracts millions of visitors each year? Before covid ~30 million people were visiting Paris each year from all over the world.
3. 3.▲
   by rcohngru 5y ago

   From what I have read, this is actually not the case. Remittances account for 1/5 of El Salvador's GDP, which is one of the highest ratios in the world. The companies that facilitate these remittances often charge pretty high fees
4. 4.▲
   by rcohngru 5y ago

   Right, but who would want to be on the other side of that trade? You're telling me that if I have something worth $0 and you have something of value, you'd want to make that trade with me?
5. 5.▲
   by rcohngru 5y ago

   The thought process here is that if you're stuck holding tether if/when it collapses, you can just sell for a crypto that hasn't collapsed. But who in their right minds would want to trade something of value for something tha