Post
Topic
Board Bitcoin Discussion
Re: How risky is Tether to Bitcoin?
by
Coin_trader
on 12/01/2021, 12:32:02 UTC
Trying to figure out if all this news about tether being a scam/ticking time bomb is a black swan event threat to bitcoin or if it's FUD. Would love to hear your thoughts.

Actually, it is not only ether which other's thought that may be a threat to bitcoin. Thus still, that doesn't affect bitcoin's progress. Though the history of tether where it came from and how it became popular stable coin was controversial, at some point it can also affect bitcoin's price when tether is being manipulated by some whales or agencies.

Yeah since it's value was honored by all traders and exchange as an equivalent in fiat. All crypto will be heavily affected once tether become a scam because its the stable that gives the majority of the value of all crypto currency since there is no/few crypto to fiat pair in all exchange.