RE: What Would Happen If Tether Does Tank?

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It also gives governments a sweet piece of ammo to beat crypto and Bitcoin over the head, that we're a bunch of misfits printing our own money out of thin air and just the case to regulate even more.

You said it.. Looks like the stage is perfectly set for extra regulation. I think it would also affect the sentiment of people who haven't joined the crypto world yet and are now thinking to get on board - many of them thought of stablecoins as a "trustworthy" way in but might change their mind if this turns into a real incident.

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Yeah I think that if this does go south we will see a big knock on all Cryptos I think it would be the one thing to push BTC below 20k again if it were to happen now and I can’t say that would be too much of a bad thing I’d gladly pick up some cheap BTC if it were to happen

I’ve been around long enough to know crypto is super resilient and one failure just means faster innovation or room for others to grow

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