Quote from: masterrex on Today at 03:21:38 PM

I guess this is only a little misinterpretation If we continue reading further the post the author quoted the Tether as the reason why Bitcoin cannot reach that price of $100K I think it's not connected, Bitcoin price was base on US dollar and Tether is back by a dollar $1-$1 basis according to them, so technically Tether was just an instrument to represent the fiat US dollar, for trading against Bitcoin so if the Tether was removed in the market there are enough numbers of Stablecoin which is also back by fiat US dollar that can replace Tether, so for me, it's not the real reason why Bitcoin cannot reach $100K, Anyway I sense that the author is trying to say/interpret that the Tether treasury will continuously mint unlimited USDT to accumulate more BTC which is I believe is not the case.

I simply believe that is the case, tether is the holder of major huge wallet of major cryptocurrency including Bitcoin