RE: University of Texas at Austin Study All But Confirms Tether Is Manipulating Bitcoin by beggars

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com

Viewing a response to: @beggars/university-of-texas-at-austin-study-all-but-confirms-tether-is-manipulating-bitcoin

cryptocurrency·@kabir88·7 years ago

0.000 HBD

They are essentially issuing securities and should be regulated.

Basically, if everyone holding USDT moved their cash into Bitcoin. It would increase the price of Bitcoin and could make Tether insolvent, as I doubt they actually have $2.5bn in cash.

![Screenshot_20180614-032556__01.jpg](https://ipfs.busy.org/ipfs/QmSpeiQgYWKvGuvJCAMehNxVV1PApRiw6trtfFAeGjRmwh)

Win, win?

👍 beggars, livvu, kbr,

properties (23)vote details (3)