5min chapter

Crypto Critics' Corner cover image

Cryptocurrency, Coinbase, and Contagion (Feat. Jim Chanos)

Crypto Critics' Corner

CHAPTER

Is Tether Worth a Dollar?

The investment world is full of probabilities. There are very few certainties in the investment world. And so you can only look at things and say, ok, what are probabilities and and what are my pay offs under various different outcomes? The evidence seems to be that there's a lot of funny stuff going on, and that if it's not worth a dollar, the outcomes are really negative. It just sounds mighty familiar to what you're referencing with with enron.

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