On the contrary, I thought that tether is the one fueling bitcoin's massive run?
So it they continue to mint then obviously bitcoin can reach $100k. However, with or without tether, I think bitcoin could still reach $100k. Maybe not this year, but eventually the price has been growing exponentially. We have seen it reached $64k, so that's an obvious sign that we have a lot of leg room to make $100k in the next 2 years.
How can you compare a situation where someone will invest real money to be mining equipment and paid for electricity just to see if he will be lucky to get his hands on the coin.
While the other one will sit in his five star office, and with a click of his fingers his has mint billion of coin and exchange it for the other fellow real investment,
Please let's be wise on this