You are viewing a single comment's thread from:

RE: The iron is HOT for BitShares. A look into BitUSD

in #bitshares7 years ago

@cob what do you think will be the impact of the fall of tether on the cryptocurrency market and especially bitcoin? Will it be another Mt. Gox market scenario?

Sort:  

I doubt it will have a big impact. MtGox was the only exchange when it collapsed. The ecosystem depended on it. The crypto economy does not depend on USDT though. It's a good thing to have but its existence doesn't make or break it.