RE: Could Stable-Coins Crash The Economy?
Either way, if they keep printing more fake teether or fiat and use it to buy crypto then they take us to the moon, if then they sell it they lose any position they previously had, crypto isn't dead when a 10000 btc's buy a pizza, it's only cheap. Either way, they cannot win so to speak. Who cares if they control upwards of 75% of the network, they have the most to lose if they use that power to double spend or otherwise compromise the network, because as you remark, people won't put up with it, they will go away, which is why the FED won't go crazy with crypto, because they will lose all network integrity while they make crypto moon, but if someone like teether does it, they might make BTC go to 20k and bring up all alts in it's wake but when the game is up it will give people a chance to reevaluate exactly who cares about network integrity and who was for purely profit and or fraud.
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