No idea. I transferred a bunch of coins from Bittrex and Coinbase, sold some for... | Hacker News

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		andirk on Nov 12, 2022 \| parent \| context \| favorite \| on: Tether's Troubles in November 2022 No idea. I transferred a bunch of coins from Bittrex and Coinbase, sold some for USD for a nice profit, put that USD in to GUSD, and a month ago pulled out last year's interest of ~$1500 USD to buy some beautiful pendant lights, brass faucet, and a mediocre range hood for my new kitchen remodel.

shuckles on Nov 12, 2022 [–]

And what economic activity did the borrower engage in to pay out more than risk-free interest?

andirk on Nov 12, 2022 | [–]

No idea but I doubt they were bombing brown people and guarding Arab oil investments for profit, nor were they attempting coups in resource-rich countries. All that happens with my USD savings account.

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