/biz/ - Business & Finance

too big to fail if tether fails the dollar is failing

i mean not much to lose, right? what would your liquidation price be?

Isn't shorting tether pretty much fool-proof? If it actually goes down, you make a fuckton of money. If it stays the same, you break even (minus fees)

>>25997102
main risk would be a market operator realizing they could liquidate a bunch of people in a relatively illiquid market

>>25996873
do it who cares

>>25996873
DO IT

>>25996873
They invested customer money into bitcoin so not only is the coin backed by assets. Theyre in the green

>>25996943
>too big to fail
This is precisely the boomer mentality that caused the mortgage crisis crash in 2008. Its so big IT HAS TO FAIL. Simple as. remember to BUY THE DIP.

>>25997612
They are not in the green when nobody trusts their shitcoin anymore and given that they will all be on the FBI pin up calendar, they are going to have an amazing time keeping their shit rolling.

>>25996873

Tell me how to short. I'll do it now

>>25997236

This
Don't play against the house. The house always wins

>>25996873
Replace BTC with TSLA, USDT with M1 dollars and just remove Bitfinex from the equation and you have described banking.

>>25996873
DO IT FAGGOT

>>25997696
It's not big enough to be too big to fail so it will not fail

>>25998911
Checked

>>25997236
What about taking out an AAVE loan in Tether and buying something that won't crash, like USDC?

>>25996873
Stop using leverage. You'll lose it all, and quick.

soon-to-be blue chips like API3. hold 2 years. the days of quick 10x's are over. as you know deep in your heart.

>>25996873
pls, by all means do it

post the screenshot

retards in this thread literally free money

Lol holy shit that picrel I can't even with these fudders anymore. I'm dying over here.