LogFAQs > #950225743

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Topic	New ATH for Etherum. Over $1,500 now.
Sad_Face 02/03/21 4:55:12 AM #26:	1337toothbrush posted... It means tether is a scam and these cryptocurrencies are inflating because of the scam printing more tether than is actually backed by assets. Tether is the biggest stablecoin that people exchange directly with their fiat currency. People don't buy BTC or ETH directly. They buy a stablecoin to transfer it to an exchange to buy whatever token or coin they want. If Tether goes kaput, there are a number of other stablecoins to take its place like USDC. This is a dumb argument that distracts from all the things the crypto world accomplishes. --- https://imgur.com/WmIB016 https://imgur.com/53FGj6K <cite>Sad_Face posted [p:950225743] in New ATH fo... [t:79274013]...</cite> <quote>1337toothbrush posted... </cite> <quote>It means tether is a scam and these cryptocurrencies are inflating because of the scam printing more tether than is actually backed by assets.</quote>Tether is the biggest stablecoin that people exchange directly with their fiat currency. People don't buy BTC or ETH directly. They buy a stablecoin to transfer it to an exchange to buy whatever token or coin they want. If Tether goes kaput, there are a number of other stablecoins to take its place like USDC. This is a dumb argument that distracts from all the things the crypto world accomplishes. --- https://imgur.com/WmIB016 https://imgur.com/53FGj6K</quote> ... Copied to Clipboard!
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