"#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy."
Certainly it's that, and not rampant Tether printing / fraud / lack of exit off-ramps / institutionaland retail investor ignorance
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That Michael Saylor tweet is hilarious:
"#Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy."
Certainly it's that, and not rampant Tether printing / fraud / lack of exit off-ramps / institutionaland retail investor ignorance
Ok, so I've heard that tether printing story over and over. Is there a reputable source for these claims?
Any that isn't in the crypto press.
If you want Tether explained, this is the best article I've seen (I wish I'd written it).
https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/
This is a year old; it's only gotten more blatant since then.
The NYAG's inquiry has been slowed by COVID, but is grinding on.
Thanks that was very informative.