/biz/ - Business & Finance

>>25908530
Won't be the last nail, the last nail will be the STABLE act under the Biden administration. This will require all stablecoins to deposit full dollar sums in the Federal reserve in order to retain their license. Plus audits. Tether is 0/3. The real volume entering the crypto market was only $10M a day, not $400M a day - look at the USDC minting chart. When Tether goes down this year, it's another black swan event and a bear market for 2 years breaking all hodl meme charts.
You can place a big short tier billion dollar bet that this is happening this year.

>>25910438
The STABLE act under the Biden administration will collapse tether and run BTC into the ground this year. There's no escaping Uncle Sam, even for offshore scammers. You can almost place a Big Short tier billion dollar bet that it's going to happen this year.

Full regulation: Banking licenses + cash reserves + audits required. 0/3 for Tether, collapse imminent this year. Then a crypto apocalypse following that. Bitcoin could unironically go to $0.

If you want to notice the volume coming from "institutions" in this fake bull run, check USDC mint volume. It's less than $50M a week, nowhere close to $400M a day.

>>25891874
>FUD
Keep coping you scamming piece of shit. REGULATION by Chad Democrats coming, wiping out every tetheroid.

Read pic related

>>25892626
STABLEcoin anti-tether act incoming:

>All stablecoins must have licenses like a bank
>All stablecoins must be backed by equal cash deposits like a federal reserve with non-stop audits
Tether is KILL. wtf i love democrats now

What does this mean for crypto?