ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π It seems that this morning...well basically these last couple of Days are all about Tether USDT. Just check the crypto news to trip over USDT articles. ItΒ΄s the logical aftermath of the LUNA UST disaster we just witnessed but I think itΒ΄s already over-hyped. UST was a design flaw it was a train-wreck waiting to happen, Tether is a shady beast that is backed by shady collateral...but itΒ΄s backed. Fully backed or not who can tell. And honestly who cares? Tether has survived many storms before, while the Luna boat did a Titanic as it was sunk by the first Iceberg it ever met. But even more important, this is no time to hold a stablecoin. This is the time to buy the dip, there are only 6 months of dip left before the market will slowly pull itself up again. SO what are you waiting for, a deeper dip...in that case come on board and we will watch for that next Iceberg together. #Crypto
2 comments
Folks have been attacking USDT for years. It will survive. What will NOT survive is the relative lack of regulation in the crypto markets, thanks to all the scams, rug pulls, and general shitty behavior being exhibited by all these butt heads recently. Would you believe that Do Kwon knew that Anchor Protocol was a Ponzi scheme? That is what is being alleged on some YouTube sites.
No I do not believe that, I believe it was a bad design and they messed up a lot when the poo hit that windy thing