ST Alpha - "BTW, on the date of that first post, Tether was worth right at a dollar. Today, it's worth right at a dollar. That...shouldn't happen. " (Reading a Post)

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In response to "If you're interested in the Tether background, here are links to a few old ST discussions:" by The Allfather

BTW, on the date of that first post, Tether was worth right at a dollar. Today, it's worth right at a dollar. That...shouldn't happen.

Posted by The Allfather (aka David) Oct 8 '21, 10:33

As I said at the time, Tether's uniform movements are a red alert that its pricing is controlled.

Responses:

Having read the article, that’s the whole point of a stablecoin though, no? -- (edited) - znufrii Oct 8, 10:34 3
- Yes but that's the trick in play. Bitcoin was around $11,400 that day. - The Allfather Oct 8, 10:41 1
  - More importantly, given that episode, how the f*ck is tether even still around? -- nm - znufrii Oct 8, 11:02
- that's what I thought -- nm - Pippy Oct 8, 10:38

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