If Tether "breaks" we may see $3k-$5k $BTC 🤯
Crypto
@shrestha wow, that would be a huge drop. What do you think about that exchange collapsing(maybe called FTX)? I had not heard about it before its demise.
Crypto
@derickflorian it's pretty nuts. the exchange (like a bank) stored peoples money and then proceeded to gamble with it on risky bets. There was a bank run and the bets didn't pay off so they lost 32 BILLION dollars overnight.
Crypto
@derickflorian haha. Yeah itsa wild wild ride. The tech is pretty exciting but then the greed completely drowns it out. It's all about price now and that's a bit sad.
Now people just hate it cuz of all the scams and the rugpulls