> If tether was truly under attack it would trade for under $1
You’re assuming efficient markets. (Also, Bitfinex has admitted in court filings that Tether isn’t fully backed.)
I have capital, have spent my career trading securities and think Tether is a scam. But I’m not going to short it, for a variety of reasons, one big one being the main places it trades are controlled by Bitfinex.
You’re assuming efficient markets. (Also, Bitfinex has admitted in court filings that Tether isn’t fully backed.)
I have capital, have spent my career trading securities and think Tether is a scam. But I’m not going to short it, for a variety of reasons, one big one being the main places it trades are controlled by Bitfinex.