TLDR
Bitcoin and blockchain is just an amalgam of code, maintained on a decentralized network, and supported through a literal army of machines permeating across the globe. It's easy to fall into the trap of seeing the crypto space within a mechanical framework. Understanding whether a coin is an inside or an outside money can tell us about how the coin functions and behaves. What makes Tether useful for investors is not whether it’s actually, mechanically backed 1:1 with the dollar, but what matters is how it behaves.via the TL;DR App
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Written by OrphanedBlock | Head of Growth @ AMPL www.ampleforth.org
