[Cryptography] The Bit Short: Inside Crypto’s Doomsday Machine

[Ron Garret]

https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3

TL;DR: Bitcoin prices are being propped up by Tether, which is a blatant fraud.  The house of cards should come tumbling down real soon now.

(My glib summary and the anonymous authorship notwithstanding, the piece appears to me to have merit.)

rg

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