Bitcoin

Out of context: Reply #2162

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  • neverscared1

    $62 billion dollars of commercial paper and IOUs, but nobody in the money markets has ever heard of them. Tether

    It's almost like they can't use miners as "commercial paper" junk collateral to inflate the bubble anymore.

    • Disaster just waiting to happen...neverscared
    • I posted about Tether many times here...
      It's not really commercial paper per se, but debt in exchanges that they artistically call "commercial paper" lol
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    • schmammercial piper they call itneverscared
    • I can't fathom how crypto can't come crashing down, HARD, sooner or later. Everything is inflated now, crypto exponentially more so.formed
    • it feels a little the scene in big short...when they are askin the bros in Miami who gave out credit to strippers with no security attached... totally fuckedneverscared
    • hype and the blowback will be wild, coz its such a dumb system in its essence.neverscared

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