The thing about Tether: - Manipulate the price of BTC to m…
The thing about Tether:
- Manipulate the price of BTC to make number go up.
- Miners find it more attractive with higher prices.
- Retail investors FOMO buy and attention is towards BTC.
- Brings bad reputation to "crypto" in general
Replies
Would you know why BSV is affected even though it was "unbundled" from other assets?
It is still not completely "unbundled" at this point. We will get there, but there's still some way to go.
The criminal exchanges need to go first. As long as BSV is traded against BTC and BTC is manipulated, there will be issues.