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jasonlingx | 3 years ago

If Tether is insolvent then better to ban it earlier than later, before it becomes even “too bigger” to fail.

discuss

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grugagag|3 years ago

This exercise will likely make Tether fail

trog|3 years ago

> This exercise will likely make Tether fail

Insolvent companies usually fail anyway. It's better to catch them early before they can make things even worse for their customers and investors.

seanhunter|3 years ago

If it's insolvent it already has failed - this exercise is just about admitting that failure and making the facts known.

lmm|3 years ago

If it's a bubble then better to pop it sooner rather than later.

_3u10|3 years ago

Exactly everything is insolvent. If tomorrow people were like hey everyone USD is going to fail you’d get the Great Depression unless the fed printed money. And there isn’t nearly enough paper money for it.