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by freemint 1361 days ago
Well Tether can only have two stable states $1 or $0. A Tether is never going to be worth $2 so at worst i am paying interest on the short.
2 comments

> Well Tether can only have two stable states $1 or $0.

Instability is often what kills short sellers.

On average the sea is flat.
If Tether goes to zero your counter-party risk goes to infinity.

In the meantime it has all the hallmarks of a scam manipulated asset. Shorting it will get you liquidated at the whim of the manipulators.