Tether will go down and you all know it

Murphys law states: „Whatever can go wrong, will go wrong.“

For years now we’re making a pact with the devil. Everyone know’s Tether isn’t backed by 69 Billion Dollar. There is even a chance their safes are completely empty but we just accept it because we've gotten used to this Coin. It just became a meme of the crypto world that the biggest stable coin is basically a huge scam. For years we’re talking now about the day where this system might collapse and what it will cause to the whole market. Where the implosion of UST might have caught some by surprise this will be an event we all knew it was coming. But it’s like climate change. We can’t grasp the threat. We rather make jokes and excuses instead of acting. We could safe us all and move to a different system but rather we walk hand in hand into the abyss.

Jane McGonigal, the research director of the Institute for the Future explains it like this: “Your brain acts as if your future self is someone you don’t know very well and, frankly, someone you don’t care about.”

I know it’s not easy to act against how your brain is programmed but the time has come to at least try. Otherwise - It was nice knowing you all.