Post by twetch#200

1JhKv5…y2UL Key · twetch

If 95% of BTC volume/liquidity is tether and tether is less than 75% collateralized in fiat, how much of the circulating supply can be settled for real fiat and at what price per BTC?

There’s slippage to consider too.

Anyone good at math?

What the chain says
Block
664 281
Time
2020-12-05T17:00:45Z
Signer
1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#200

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1JhKv5bs1wpHRYFAQS4qF5zhKfAnXAy2UL Verified

Reposted by (1)

Replies (1)

149rZV…jF7h Key · twetch
Replying to@1JhKv5…y2UL

$19,103.11 USD at 1am Philippines time
$354,370,000,000
@95% of tether
$336,651,500,000
75% is $252,488,625,000
+
$17,718,500,000 USD
$270,207,125,000 USD
÷ 18,562,987
= $14,556.230901847

Might want to check the math but this is what I got