qes
Joined 13 years ago
Joined 13 years ago
Not when they get to simply turn off the half of the market moving against them they aren't.
We even had a 20% bump in gross revenue while bringing our costs down, and that's after 2019 was flat for us (prior to that we were hitting 30%+ for a handful of years in a row).
https://voxeu.org/article/stable-coins-dont-inflate-crypto-m...
No, absolutely not.
The size of your testicles is in no way indicative of your testosterone production.
While a shorter period of use generally has a higher chance of your natural production restarting after ceasing exogenous testosterone, your natural production of testosterone shuts down immediately with the introduction of exogenous testosterone.
Market makers and trading shops with 7-8 figure funds playing with riskier cryptos or trying to tap worldwide volume.
It's not MicroStrategy and Mass Mutual Insurance using Tethers
That's not the primary use (by dollar volume, it is also helpful to streamline participation in the entire crypto ecosphere regardless of local regulations).
But Tether's for market making. Arbitrators need a way to transfer USD denominated amounts between exchanges to operate.
On top of market making, you'll have smallish (7-8 figure USD) trading shops running strategies across multiple cryptos that just don't have fiat ramps, or they want to tap into volume across exchanges that don't have fiat ramps. If you're one of these customers, you can get in touch with Tether and make redemptions, but you probably don't need to do that anyway because you're working through a prime broker.
This activity doesn't care if the market's bull or bear, so it continues to grow over time in either trend.
I pay 0.15% and the exchange has been around for a decade without ever losing funds. It's even now licensed as a bank in the U.S.
Kraken, Gemini, and Coinbase are all quite trustworthy, if any of those are available in your locale.
Buying and holding for 4+ years has produced amazing gains in Bitcoin since its inception. Trading often and fooling around with alt coins has caused many great losses and pain. Don't invest more than you can stomach losing or holding in the red for a few years.
Not just voters, large portions of our representatives are also from that demographic.
I could create a blockchain and issue a quintillion coins and if I manage to get it listed and sell some for a fraction of a penny it'll have a bigger market cap than the rest of crypto combined.