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by DickingAround 1465 days ago
I can't wait for Tether to fail. These 'stable coins' are just waiting for disaster; how many times have we tried to tie asset prices together, or tried to make a paper version of something else where there wasn't clear 1:1 relationship... it always ends in disaster. Better have that done away with sooner than later.

There is no way that will break Bitcoin; the network will keep running. And if bitcoin's fiat-price was too high because Tether existed, better to resolve that now as well.