RE: Bitconnect Crashes , Tether Up Next?

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Bitconnect Crashes , Tether Up Next?

in crypto •  7 years ago 

People used tether to hold their dollar amount for the day the crash happened. It will always be a 1$ per coin

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makes a lot of sense but i want to know what will happen when the supply finishes out?

There’s an endless supply because it’s backed by a major company. Once you sell it then you sell it back to the company

But doesn't that defeat the purpose of crpyptos ? why would we give that value if the item is not scarce at all; the supply never It holds no purpose, all tho I can see the benefits because i guess everyone can just buy tether during a crash and rebuy their coins after.