Post
Topic
Board Speculation
Re: Tether
by
coinbiz
on 12/01/2021, 16:57:14 UTC
I honestly can't wait for the day that tether is removed from the bitcoin/exchange ecosystem.  The concept of stablecoins in general is toxic to the all of crypto.

When tether collapses, it will cause a short squeeze capital exit via altcoins, followed by full panic mode and crypto market crash.  Only after that will we see true growth and long-term stability.  Right now, bitcoin's true value is tainted by tether.  I think we'd have a lot less volatility without tether and stablecoins.  They have the opposite effect on crypto price stability as a whole.  They suck the stability out of the market.