The real USDT/USD market is not the Kraken one (or similar ones), but the implied synthetic market creating by arbing BTC/USDT and BTC/USD. Companies like Alameda trade billions arbing this synthetic USDT/USD market…
When I first saw this talk I thought he was exaggerating, but seeing the utter incompetence of the US pandemic response makes me think he is on to something. And the political polarization in the country makes me wonder…
The real USDT/USD market is not the Kraken one (or similar ones), but the implied synthetic market creating by arbing BTC/USDT and BTC/USD. Companies like Alameda trade billions arbing this synthetic USDT/USD market…
When I first saw this talk I thought he was exaggerating, but seeing the utter incompetence of the US pandemic response makes me think he is on to something. And the political polarization in the country makes me wonder…