Genuine question: whether or not Tether is fraudulent, how much can a currency with a market cap of ~$2B affect the greater ecosystem, or even just Bitcoin with a purported market cap of ~$150B? Obviously a scandal of this magnitude in a major cryptocurrency is bad for the whole environment for a host of reasons...but if Tether is really just a ~$2B fabricated cash injection, how much could it really prop up BTC?
cgyulay
Currently Chief of Staff @ Scribd (YC S06) Founder, Coco Controller (YC S12)
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