Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities.Try full digital access and see why over 1 million readers subscribe to the FT.
Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities.Try full digital access and see why over 1 million readers subscribe to the FTBitcoin is tethered to the laws of maths and thermodynamics. Fiat is tethered to pedo-compromised kleptocrats.
Tether faced the challenge and quickly returned the peg to the dollar. The issue of regulation is important, but it requires the participation of both state structures and those who create stablecoins. Only then it is possible to achieve really working and fair rules.
Government backed currencies are a huge Ponzi
So should fiat. 🤷🏻♂️
Funny how you don't see the random Twitter profiles advertising the big, big profits of Bitcoin anymore...
Every pegged currency eventually breaks. Stable coins are no different.
thats actually a funny title