Pietro
Mon May 13 2024
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7 answers
1714
What happens if Ripple loses?
Could you please elaborate on the potential consequences if Ripple were to falter? I'm genuinely curious about the potential ripple effects in the cryptocurrency market and broader financial landscape. Would it trigger a domino effect, leading to other cryptocurrencies also suffering? Or would it be more of a localized impact, confined to Ripple's ecosystem? Additionally, how might investors and traders react to such a scenario? Would they panic and sell off their holdings, or would they view it as an opportunity to diversify their portfolios? I'm keen to understand the dynamics at play in such a scenario.
charlotte_clark_doctor
Thu Mar 28 2024
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5 answers
1309
What happens when you buy USDT?
I'm interested in cryptocurrency and I've heard about USDT. Could you explain what happens when you buy USDT? Is it like buying actual dollars or is it more like buying a token that represents dollars? How does it work? Is it a stablecoin, meaning its value is pegged to the US dollar? And what are the potential risks and benefits of investing in USDT? Also, how does it differ from other cryptocurrencies like Bitcoin or Ethereum? I'd appreciate it if you could break it down for me in a simple and understandable way. Thank you!
