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kilroy123today at 2:50 AM3 repliesview on HN

My prediction has always been that as soon as Tether is proved to be a fraud, the game is over. All of it will experience a massive sell-off.


Replies

extraduder_iretoday at 4:52 AM

More specifically, that it is (or was) fraud or that it's insolvent?

abrookewoodtoday at 4:00 AM

I've in the same boat and can't believe it hasn't happened already.

latchkeytoday at 5:45 AM

Tether actually has one of the better business models out of all of it. They take real dollars, print fake dollars, then buy bonds/treasuries (and gold) with the real dollars.

https://x.com/diogomonica/status/2019452516786925756

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