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RE: Tether - The Not So Stable "Stable-Coin"
It was a 24% discount. Its now trading for a 9% discount. So you can buy a Tether for .91 worth of Bitcoin but since Fiat withdrawls are suspended, you can't cash it out "temporarily"...that is the risk.
Whoops, I had it backwards. Ha ha. I'm still not sure I would have bought it. That's a big discount, but if it's on an asset that likely has no value I'm not sure it's worth it unless you're certain the price will rebound and you'll be able to get out.
Kinda like buying oceanfront property in Arizona. Come to think of it, I haven't heard that song in a while...