Happy Chinese New Year everyone.
Wish everyone good prosperity in the year ahead!
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happy new year
Happy New Year @boxmining!
Keep up the great work man, I really appreciate the effort you put in with your content :)
@boxmining is really one of the genuine voices in the community.
Thank you Boxmining
Happy New Year to you.
happy new year, I understand that this is the year of the dog.
This helps. Continue with this great conent you share. @boxmining
thank you for always keeping us updated,
you are such a blessing in this community.
Thank you Michael for all of your great videos. You are a wealth of knowledge and I appreciate you in the community.
Happy New Year!
This is not related to this video, but I had a question regarding Tether - I'm wondering why everyone seems to judge Tether based on whether each Tether in circulation is backed by an actual dollar. The US dollar value of any cryptocurrency is based on its circulating supply and the demand for the token, no?
With this in mind, does Tether not adjust its total supply based on the demand for Tether in order to keep the price of Tether at 1 USD - in effect tracking the US dollar?
How does being backed by physical US dollars affect this in any way? Even if people started massively selling off Tether, couldn't Tether developers "burn" excess supply to make it more scarce and keep the value at $1 regardless?
I was curious to know your response to this. I welcome any other readers thoughts as well. Thanks.
Happy New Year! 新年快乐!
very nice
I can't wait for something like Ethos to come out where exchanges like Coinbase will be priced out of the market due to their massive fees they charge. The times are changing so rapidly, and as soon as products like Ethos come on the market, the complexity of the markets will come tumbling down and it will be as easy as going into your banking up to do transfers and purhase goods.