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So Cantor is a mixed story as they were the largest corporate wipeout of 9/11, which causes for there to be too many rumors around that company to tell truth from fiction. However, they are Tether's banker. Tether has actually admitted to some of the things that went on so let's not waste words on that. Softbank... have you ever heard of WeWork? lol
Sure but every one conveniently forgets when the market tried to break the bank of tether during the FTX collapse they fulfilled every single dollar that was requested of them. Billions of dollars they were liable for and footed the bill.
Under tremendous stress and the whole crypto community was melting down tether was still making redemptions.
Plus if you really wanted to break tether can short the token and break the peg. That’s easy money to show that tether is naked yet no one has tried it yet.
Sad what happened to cantor im shocked they didn’t go bust after that attack. I don’t know much about them so I don’t have anything strong to say about them.
WeWork was a failed business idea. Some might relate it to a scam but I would argue SoftBank probably got duped. But being based in Japan I just don’t get fraud vibes from them like I would from a Chinese or Russian bank.
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51 sats \ 3 replies \ @optimism 22h
If you say so, amigo. It's your money, I'm just trying to be a pal.
My option 4 for you: If you wanna be exposed to Bitcoin, sell shitstonks, buy sats.
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I understand and I appreciate your concern. But that’s the beauty of bitcoin and free markets! Let freedom ring!
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94 sats \ 1 reply \ @optimism 20h
I'm more of a freedom maxi than I am a bitcoin maxi. I fully support free choice. Just, you asked for opinions. I'm very bearish on the shitstonks. They didn't exist back in the day but imagine how cringe I'd be if I were a Litecoin hodler! Do you see these guys on the bird app? My gawd it's awful.
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I’m not on x that much
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