[brokensegue]

lots of people get value out of ponzi schemes too (until they don't)

[encoderer]

Not the point. Why not just play straight with the facts?

Nobody ever has to be able to redeem for dollars as long as exchanges keep making markets with usdt.

I have no position in tether, haven’t used it, just interested in cutting thru misinformation.

[brokensegue]

the exchanges aren't the ones tasked with defending the peg though.