The Tether Conundrum: A Quick Backstory
NOTE: This post is fourth in a series I’ve written about Bitcoin, including The Death of Bitcoin, On the dangers of a blockchain monoculture, and A tale of two cryptocurrencies: Ethereum and Bitcoin’s ongoing challenges. I am a former HODLer, present nocoiner, and perpetual Bitcoin bear, so take that for what you will. Well, the nocoiner part is a bit of a lie: I have a JPCoin.
Bitcoin has certainly been on a roller coaster ride over the past several months, with several people questioning “Bitcoin? Is it good? Should I buy it? The price keeps going up like magic and never crashes, at least for long anyway. Buy the dip, and HODL!”. Where Bitcoin bulls say it’s on
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