But everyone "in" on crypto wants Tether to hold, so it will, which is why that scam even works at all. A run on Tether is not going to happen, everyone already knows there's nothing there and yet it holds
Is it comparable to a Ponzi scheme? It doesn't seem like Bitcoin relies on a constant influx of cash, simply the belief that any given holder desiring to exchange for USD will get x amount for it.
