Where were the 2 of you when I needed to be defended from being accused of creating FUD on tether hehehe. It also appears some of those people who are on the side of tether are telling me that tether is shady, however, its takedown will not start another bear market. How can this be? It might begin a complete government crackdown on everything in the cryptospace.
If you really believe in yourself and what you see, you don't need the others approval bruh.
Good thoughts don't need that kind of shit.
You don't even need to warn people. Let the mania go free.
Also the article you shared in your topic, (crypto-anon 2021) I was seeing its link a lot lately but never bothered to read till today. I mean what else it could tell me that I didn't know already? and I was right, Even though I didn't catch anything wrong in that article and it is pretty much saying what most anti-tether people saying for months or years.
Nearly all trading volume of crypto is coming from tether. Nobody is trading their US dollars (or Euros or Pounds etc) for crypto. (I have been telling this a lot lately way before that article)
There is especially one thing I liked in that article however, it is that it says every time you sell your tethers for real FIAT and withdraw, you force Tether Corp to print more Tethers.
Many months ago I said something similar. I can't probably find the exact post now but I said something like this:
"What if the growing tether MC numbers isn't the amount that people buy from Finex/Tether.Corp but it is the amount Finex owes? to keep bitcoin afloat at these price levels?"
In other words that $26B MC could very well mean Bitfinex's debt to every crypto holder. Every time a new minted millionaire sells his crypto for real FIAT, they go more into debt and this will go on and on, (till it is not) I couldn't believe my eyes when the tether's MC became $9B for the first time and now it is $26B. Yeah I bet many people think it will go on forever.
What is even more worrying is when the tether goes down and burns millions of people and their life savings, there won't be a return from that. It won't be like gox. They won't let crypto be like it used to be. Maybe that's their real intention. The give the max damage to those who refuse the Gov's authority by letting Tether become a monster ponzi. I don't know all that.