Hacker News new | ask | show | jobs
by Keyframe 1308 days ago
With all the recent calls for transparency and public auditing, I'd guess USDT; My guess is as worth as any though. USDT run would be a mother of all systemic risks barring one of the majors (BTC/ETH/ADA) technical stumbling or second coming of Satoshi (dormant wallets resurrection event).
2 comments

But if it was UDST, what new information could PG's friend even have. "They're not solvent" isn't news. A run can't exactly be predicted by an insider more than anyone else. It's hard to imagine what information about USDT leads to that tweet.
More guessing than even a conjecture, but on a USDT train of thought new information would be the timing of the incoming event as imminent. It's all wild speculation, who knows. For all things considered, if PG's "friend" couldn't reveal more details than a warning (which is tied to timing), it's all FUD.
Silly question: if the "second coming" is a risk, then could bitcoin itself be amended to deem sufficiently old wallets no longer valid?

Of course if it was seriously proposed, then the holder of said wallets might rush to cash some of them in.