Fear inducing headline:
“Only 74% of #Tether is backed by cash and equivalents😱”
The truth:
Your bank would collapse if everyone tried to withdraw, they have nowhere near 74% liquidity.
Calm down people. Buy Bitcoin.
did u know that banks only hold 10% of the money you deposit with them?
they then go and loan out your money to other people, businesses & organizations.
they give you about 1-3% per year then charge others 10-30% per year on YOUR money they are lending out
sounds like a scam!
If this is not altseason I don't know what an altseason looks like!
Some top gainers of last months on @binance
$ENJ 983%
$MDA 868%
$EVX 593%
$OAX 547%
$THETA 408%
$HOT 316%
$BNB 290%
$KNC 261%
$APPC 219%
$ONT 214%
$TRX 206%
$VIV 192%
$EOS 186%
What are you waiting for?
The thing that makes this most like the old days is how oblivious normies are to it, unlike the craze at the peak where everyone was in. Right now there are life changing gains to be made and nobody outside crypto is paying attention
In the same 8 years $BTC went from 0 to 270 billion marketcap UBER went from 0 to 60 billion+..how come no ones calls UBER a bubble?
probably because there has been mainstream adoption and everyone UNDERSTANDS it..just wait until mainstream understands the value behind Bitcoin