BTC just crashed 25% for no apparent reason. What magnitude of decline do you think the implosion of stablecoins would produce?It will be affected but it wont be the end of crypto
BTC just crashed 25% for no apparent reason. What magnitude of decline do you think the implosion of stablecoins would produce?
I think the actions of the FED are enough. When they print with disregard, happily say they want to see 2% inflation, meaning you lose 2% every year, and then continue to claim that 5 and 6% is just transitory, it becomes very clear that they are out to destroy the dollar.the main issue would be what will push it up again.
That's why crypto just dropped 25%?I think the actions of the FED are enough. When they print with disregard, happily say they want to see 2% inflation, meaning you lose 2% every year, and then continue to claim that 5 and 6% is just transitory, it becomes very clear that they are out to destroy the dollar.
So I think the actions of the FED did more for crypto price appreciation than Tether.
I think the actions of the FED are enough. When they print with disregard, happily say they want to see 2% inflation, meaning you lose 2% every year, and then continue to claim that 5 and 6% is just transitory, it becomes very clear that they are out to destroy the dollar.
So I think the actions of the FED did more for crypto price appreciation than Tether.
the price stoppedBTC just crashed 25% for no apparent reason. What magnitude of decline do you think the implosion of stablecoins would produce?
They will not for a while without fake money.It would be equal to the Mt Gox hack level of implosion. We will go to a bear market for another 3 years and then crypto will rise like a phoenix once again.