Hacker News new | ask | show | jobs
by Oberbaumbrucke 1655 days ago
The price of most/all crypto would fall dramatically.

Tether is a huge component of the daily traded float in BTC. If tether was no longer accepted at $1, there's a lot less money chasing BTC.

These markets wil be around forever, but much less attractive when people start to see past the Hype.