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we have gone around and around on this topic but I still don’t really understand your reasoning. I am totally with you that Tether is shady and I wish it didn’t exist. If Tether is shown to be a fraud though why would that make the price of all crypto‘s and bitcoin crash? Stable coins like...

Nobody cares what stablecoin they use, if Tether went away (we can only prey) then people would just use another one and not think twice. It certainly wouldn't make the price of bitcoin crash, in fact it might make it fly!

This shit is completely Orwellian ... buy Bitcoin!

you should have at least a theory of how this can happen tho no?

Almost like bitcoin is NOT good for criminals! That’s not what Elisabeth Warren says tho LOL

In 13 more years do you think people will still just do the extremely lazy south sea bubble, newton, tulip thing?? guys this has been around, and recovered from multiple -80% drawdowns, many times. No other “bubble” has done this. I’m sure this time is the real bubble tho right? Try harder

https://www.theblock.co/post/225538/bitcoins-lightning-network-paypal?utm_source=twitter&utm_medium=social Great news here ... lightning works it's just a bitch to use. In the time that will be hidden away with companies like this... "This is solving a lot of problems for a lot of players,"...

why do you think bitcoin has a market cap of 500BB if it’s all smoke and mirrors? Just millions upon millions of “greater fools?”

you know how markets work there would be way more people that want to buy above 50k then below 20k! Why do you think it is complete bs?

I think bitcoin is a big deal but I don’t understand this bullshit. Like how about we get back to 50% of all time highs before talking 100,000 (let alone 1,000,000) this is stupid.

You can vary the correlation window from one month all the way to two years and it shows you similar stuff. Only daytraders care about intraday correlation so I don’t look at that

The correlation between the S&P 500 and bitcoin is zero over the last six months. If you average all the rolling six month correlations since 2013 you also get very close to zero. Correlation is not a feeling it’s actually statistics so maybe you should just look before to state that. or you...

OK noted ... Im done trying to explain stable coins to 140yr olds it goes in one ear out the other. Good luck

I am not promoting tether. I have never owned tether and never will. I live in the US and have no need for tether. im just trying (obviously unsuccessfully) to explain what a stablecoin is and how/why it is used in crypto world. I’m also just confused how you can say this is all BS when you...

I don’t know why I take this bait but fine stable coins are used to represent fiat currencies typically the US dollar in crypto exchanges. So for example if you were going to buy some Ethereum you would likely buy it using a stable coin such as tether or USDC instead of straight up US dollars...

What I literally just said

my only comment would be how do you have such a strong opinion on some thing that you obviously have zero knowledge about? Like one day ago you thought people speculated on tether something that’s supposed to literally stay at one dollar. Then you just googled stable coin for the first time in...

holy shit nobody buys it to speculate, it stays at $1! You might buy tether with the intention of trading it for another cryptocurrency but you wouldn’t speculate on tether itself. it’s like saying you buy a money market fund to speculate. Please google stable coin before responding further...

MW respectfully you obviously know nothing about this. Nobody says tether (or any stable coin) is decentralized. Literally nobody thinks that.

So you are saying Cantor Fitzgerald is lying in this case?