This post made on the belief that tether has been issued without usd backing. I have that belief because I have been following this saga for some time now
This site has been predicting the crash of tether for some years now
personally I am expecting a run on tether at the exchanges that back them resulting in a short term large difference in the price between bitcoin on exchanges that back tether and those that do not. Then noobs will exit. How long to recvery for bitcoin I have no idea but hopefully it will be a warning to those who think buying a crypto linked to an asset is a good idea . It is not a good idea it returns the third trusted party which is very much what Bitcoin is about getting rid of
