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RE: LeoThread 2023-08-05 06:07

in LeoFinance2 years ago

Hehe, makes sense! Except that we are going to dump like never before with:

  • Crypto related news: the $USDC $USDT and #Binance issues
  • Interest rates too high and Stock Market 📉 Crash

I need to find the next shitcoin though!

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That's just typical FUD meant to keep prices low so that smart money add more to their bags. Whoever is planning a strategy for this bull market based on msm news and current economy stats won't make it...

Media is designed to serve the purposes of the smart money and the markets don't have to be in tandem with the economy.

Well there might be some FUD but Tether and Binance have wholes and are under pressure by the US Government to show that they are legit. Time will tell!

Is the government legit? Is SBF legit? Everything is crooked in this world...

I don't know about Binance but Tether is too big to fail. If Tether falls apart then the whole industry will. USDC and other stablecoins can't carry the burden.

Tether tentacles go beyond the crypto world. Do some research and you will see why this thing can't fail... for now.

Worth noting though is the fact that after every Tether FUD there's always a big bounce for Bitcoin.

Even if supposedly USDT falls where do you think all that money will go, a highly inflationary dollar.