What will happen with a Tether crash? #shorts

Clip taken from a livestream hosted on 12/19/22

Video Suggestions for Beginners to Crypto:

[Bitachon]

Since I've been hearing about Twther crash since 2017 I DO expect it to crash...

[bernardmacarius]

leverage Bitcoin against futures commodities. All foods. The farmland will be the collateral for the commodities. Can you dig it?

[noneofyourbusiness]

Toby - I didn’t happen in the past, so it won’t happen in the future 😂. That is called hopium and hubris by those who essentially got in early. Hopium is a hell of a drug

[Eli-ggzd]

Hardened by buying Bitcoin at somewhere well below 5K? You guys are so full of it.

[richgilbertson]

tether headquarters was near FTX in the Bahamas huge red flag

[AD-htjl]

Silver & Gold is Money and not Fiat Currency

[ppierre]

Well if Tether crashed than fiat would have crashed as well. Right? DAI is pegged to the dollar as well… that would be interesting. This is a question I always wondered myself and not to many answers. So essentially the best answer would be pri.vacy coins…

[GarysGuzzler]

Toby made the best point ever if my $100, 000 of tether crashed, where would I put my $5, 000 it turned into? Back into Fiat where my $5, 000 would still be $5, 000

[johnmerlino]

The World runs to the USD and Treasuries. Tether has not provided any report of their investments, so no one knows. You're guessing.

[womblestacker]

If it does crypto is over my money would be out crypto bk to cash but I'm down over 30k now do can't really sell I'm

[drxxym]

IF Tether crashes - move money into DAI, cross fingers?

Some "cash" is already in DAI.
Tether is surprising resilient - so far.

[metasamsara]

why would you hold usdt in the first place? im holding bitcoin as my main asset when alts are too risky.

[greatgazoo]

Never touched Tether or any stable coin.