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by graeme 1891 days ago
You realize someone holds all of the Tether outstanding at all timed, correct? It doesn’t just vanish.

Further, there are many sites paying 12+% interest for people willing to deposit their Tether. This serves as an incentive for people to keep money in Tether rather than BTC/ETH or fiat.

1 comments

Someone still holds all of the CryptoKitties. It doesn't mean they've got any value left.