Recommended Watch: Prepare For The USDT Tether Collapse - It Will Dwarf The FTX Crypto Crash
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Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!
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Francisco Gimeno - BC Analyst FTX collapse has been like a nuclear bomb in the crypto ecosystem, triggering collapses or problems in other start ups, societies and even exchanges. One of the things many fear is the collapse of USDT which could happen according to those who believe this, at any moment. Tether the one issuing USDT being accused so many times of shady works, the same, and if Tether falls, then the contagion will reach apocalyptic heights, collapsing lots of places in the crypto ecosystem. What can we do then if this happens? How to read the signs, and also, curiously, how can we even profit from this, where are the opportunities? We personally, don't know what is going to happen, but we would be not crying if this fall happens as it will accelerate the reset of crypto to a crypto.2 where regulations make all sides comply, where tokens and coins responds to use cases, not to speculation and volatility. To end this, remember, if you don't control the keys to your crypto by yourself only, then it is not your crypto.