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RE: The MASSIVE Tether Ticking Time BOMB
I can not find any reason to tether collapse. tether and bitfinix are making money and people think tether is USD and it doesn't matter if they don't have 100% reserve, even in real world Banks never keep more than 10% as fractional reserve. I think they are printing crazy because they are buying bitcoin or other cryptocurrencies, they will sell them later Or they can keep these coins as reserve instate of real USD. anyway they can keep this shitty work as long as Federal Reserve print USD and nobody cares.
The Federal Reserve isn't happy about tether doing what it does. The whole point of crypto is to get away from inflationary currencies so not only should the US gov be against this(because they're hypocrites) but crypto investors and holders should also be against it.(because it ruins adoption and isn't what crypto is about)