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by fancifalmanima 1704 days ago
^ This is the reason why more folks in crypto should be worried about and enraged by tether. Inevitably, there will be a market condition that leads to tether being insolvent. And when that day comes the people that get hurt will be every day crypto holders. The people running tether will run off with many, many millions of dollars and many will wonder how the heck this happened. And it'll lead to regulation. And centralization.