Post
Topic
Board Bitcoin Discussion
Topic OP
Tether Market Cap 100 billion today vs less than 5 billion 2020
by
uknowy9999
on 07/03/2024, 10:03:46 UTC
Hey guys,

I know the tether discussion is not a new one, however I took a look at their recent spike in market cap and saw that
as of today it crossed 100 billion USD market cap vs just under 5 billion just 4 years ago (20x).

I have a substantial amount of BTC myself and I am holding for a few years now, and as I see the USD amount getting bigger and bigger of my stack, I of course, reassess
the potential downside risk, and everytime I can't debunk the tether risk.

Bitcoin itself was around 8k USD beginning of 2020 and until now it did a 8x vs the tether 20x in marketcap.
So how do you guys see these increases of tether and the rise of BTC prises the same time tether increases their market cap.

I would like to have a serious discussion, and not just "ignore the fud",

THANKS! Smiley