it accounts for a relatively small proportion of the market and broader demand is growing fast.
USDT on BFX has a double whammy effect. It's new money on the exchange that others follow. That's far more potent than the same money on a minor league exchange. It shouldn't be underestimated.
That's true. It wouldn't be pretty. Equally, we're a long way from 2014 now in terms of infrastructure.