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Don't fear Tether

From danheld.substack.com

Whenever Bitcoin has a bull run, naysayers try to cope with missing the boat by rationalizing why it will fail through “Fear, Uncertainty, and Doubt” (FUD). Most of these are completely unsubstantiated, but annoyingly persist as negative narratives Bitcoin must fight against. If you’re reading this post and expecting a 40 page research report with statistical analysis of Tether then stop here because I’m not going to deliver that. Neither would you have been convinced if I did. "The amount of energy needed to refute bullshit is an order of magnitude larger than to produce it.” - Brandolini's law I will, however, be ... (full story)

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  • Category: Fundamental Analysis