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RE: Tether has no real impact on Bitcoin's price: study says

in #bitcoin6 years ago

It's exactly what I would expect people "in the know" to do.

People with information that the rest of us did not have, for incidence.

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Do you mean you would expect them to say that tether is a scam or do you mean that you would expect the scam to be covered up?

If Tether is a scam, it's a very bad scam as it really isn't very attractive to common crypto users... It has very high withdrawal fees and some exchanges even have ridiculously high entry requirements for Tether markets. To sum things up, it has very limited use outside or between exchanges.