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by bluecalm 1709 days ago
Their clever trick is this: instead of making every USDT worth less than 1USD they made some of the USDT worth 1USD and the rest worth nothing. This plus relentless misinformation and shaming of the skeptics apparently makes it possible to keep up for a very long time.
1 comments

This is a very insightful way to put it. When the wheels fall off USDT will become valueless in no time at all.