1 tether is backed by 1 usd (in bitcoin).
Lol
Sebastian Lopez
Luke Nguyen
This is totally sustainable we will now crab eternally and everyone will be happy and never sell and you get a puppy, also it will keep going up without end, good job here's a sticker
Aiden Carter
Everyone knows about it, but also thinks they'll be able to get out before it collapses. And the reality is, the closer we get to the end, the greater the USDT prints, the bigger the gains.
James Campbell
>if you don't believe in the Tether fud you're just a dumb moonboy who thinks it will go up forever
imagine being this much of a simpleton
Blake Thompson
they are printing a lot more than they used to
Jonathan Cooper
Remember that bitfinixed dude who used to warn us of tether like 4 years ago? Then he disappeared in China and was never heard of again? Kind of creepy. There is no way tether is backed 1:1, but I think it's too big to fail. If people actually cashed out their bitcoin, it would come crashing down, so that's why everyone parrots "HODL" all the time, so no one is actually eating up the small liquidity