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RE: Research Suggests Tether Inflated Bitcoin's Price

in #bitcoin6 years ago

I still don't understand. If "they" print more USDT, w/out any $'s to back it, then who are "they?" Bitfinex? Not sure this is enough to explain the run-up by itself. BTC volumes even today are in the multiples of billions of dollars. Each fresh issuance of USDT is nowhere near that on any given day, especially on only one of many exchanges. Something smells fishy here w/this research....

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That's interesting, maybe it's a bogus hit piece :/

Just sayin. ;)

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