Quote:
Originally Posted by DraX
Good article, if the USD tokens are not being used by the big players I'd say it's a huge win for the crypto community and moving forward. I hope we get to see some strong decisions regarding USDT.
|
I do not know what to think about USDT...I can see ETH and Bcash having huge problems with tehter being a pinning currency and not them...so I guess it would be in their best interest to spread FUD about thether...but then again it may all be true and they may well be wash trading the living shit out of BTC with printed tether...
what scares me about thether is that it has the 2nd largest volume of all cryptos...if it crashed it would crash crypto HARD...I really do not know what to think about tether...
but if the total cypto market cap is only 10bil in fiat then crypto has loooong way up and I do not see a problem with 100K bitcoin...say bitcoin has IRL 3 billion in fiat put in, this is not a lot of money at all if we look at a global scale and 30 billion would be quite possible in the next few years if something massive did not happen...300 billion would not be a problem either if institutions were to accept it and invest "institutional money"....300 bill is not much...this would theoretically bring btc to 1million/coin LOL