RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1)

[runicar]

Man you never seem to dissapoint, your posts are always full of valuable info and tend to be super informative. The only thing I could not conclude from your post is why is tether a problem for BTC. And why would it have such a huge negative impact on BTC if it came crashing down? Pls elaborate.
Thanks in advance!