How long do we have before the music stops?
Tether
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nobody knows. could be this year, could be next year.
Well. If it does happen. Expect a us economic disaster.
For the amount of money that MAY have been printed, you're essentially printing USD, which only the feds can do. You're just using btc as a proxy system.
Although if the feds do shut it all down, it'll cause economic downfall due to the amount of money involved.
Basically it's playing with fire at this point.
Stop.
>doesnt serve us customers
japanese have the biggest btc bags
Wait to see what these faggots say. If it is legitimate and the tethers are really backed by some investment fund we will moon. If not then you will know what it feels like to get goxxed but instead of losing your btc it will just be worth nothing.
Used by polo bittrex and bitfinex so keep coins out of there to be safe right?
>not realizing money itself is an IOU
read a book or something sheesh
I'm certain that BTC will fall drastically, and most likely collapse entirely.
I personally think Ethereum and/or coins running on the Ether network could in theory survive, and it could take over the cryptocurrency realm as top dog.
Think most people wouldn't give up on crypto all-together, but I do think they would flock to an alternative.
right and that's why those who contorl the money don't like it when others try to copy their system. Remember gaddafi?