Charles Hoskinson talks about Tether and how it can be detrimental to the industry. Cardano ADA and other cryptocurrencies can crash if Tether fails. This is not a price prediction. Ethereum is another cryptocurrency that Charles Hoskinson founded earlier in his career. The reason why everyone is so concerned about Tether is it is a huge part of crypto. Everyone who trades cryptocurrency usually keeps their money in Tether. The problem is that Tether is not very clear about how they back their currency. So if everyone wanted to cash in their Tether, it is likely that they would be able to cover the costs. This is why Tether could collapse the market. This is very upsetting and could lead to a lot of regulation. I hope that you enjoyed this video and learned something. Thank you.
#Cardano #ADA #CharlesHoskinson
⭐️Inspired By:⭐️
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Why 1,000 ADA Tokens Will Change Your Life – Cardano Price Prediction 2023 (DO NOT MISS OUT)
https://youtu.be/4dshSRP2K_w
WHY THIS WILL PUSH CARDANO TO $30 – ADA Is The #1 Crypto Investment (Price Prediction 2023)
https://youtu.be/HLgBFAjBSHY
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