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by brokensegue 3064 days ago
lots of people get value out of ponzi schemes too (until they don't)
1 comments

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.

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