The Tether Coin Crisis

Larry White: Some businesses have sort of jumped ahead and say, we'll accept payment in Bitcoin. But as far as I know, they're not doing a lot of business in Bitcoin. Overstock.com was an early adopter of Bitcoin as a payment medium. And when they're asked, well, what percentage of your merchandise do you sell for Bitcoin? It's a fraction of 1%. So that's not a big advantage for businesses right now. Larry says he hopes more competition will bring more scrutiny and higher capital ratios.