I used to be maximalist pro BTC until I did some research and came to the realization that bitcoin turned into a giant Ponzi Playground ruled by Tether mafia and major unregulated exchanges. Tether aka the counterfeit USD proxy is holding most of the volume and orderbook liquidity. These Italian scammers behind tether are laundering this fake usd through Bitcoin. They’re printing like the fed without audit or any legal surveillance.they printed over 15Billions $ since march to propt the 2020 bullrun. With unlimited Tether margin they eat the orderbook selling pressure thus causing the price to gap up. Why is no one talking about people who speak about them get silenced or labeled as fud no one dare do their research they all getting brainwashed by these big dishonest crypto twitter actors.
Honest request: please change my mind on tether.
Not regulated
No proof of funds
Banking partner on the Bahamas
Huge lawsuit pending
No office
Shady team
20B in circulation