To allay the concerns of global investors Dogecoin’s founder, Shibetoshi Nakamoto believes that the collapse of either the cryptocurrency exchange Binance or the stablecoin issuer Tether might drastically shake up the entire market.
He now has some sound guidance for seasoned investors. He contends that it is preferable to learn about and comprehend the elements of the digital asset market before participating to prevent massive financial losses.
Apparently, if either Binance or Tether goes down, it might be “Game Over for Crypto,” according to Dogecoin co-creator Billy Markus (also known as Shibetoshi Nakamoto).
Америкалык программалык камсыздоо инженери ошондой эле адамдардын саны көбөйүп, өтө көп борборлоштуруу "чоң алсыздык" экенин түшүнүп жатканын белгиледи.
“It’s great that more of you are finally finding out what this whole thing is and how the centralized stuff is a huge ol’ vulnerability, but it was like this when you bought too, so don’t worry about the collapse of Binance and/or Tether.”
Nakamoto’s speculation was shared by a number of people, including Jack Dorsey, ex-CEO of Twitter. He referred to the possibility of a meltdown as “game over for the games,” meaning that it would be impossible to continue playing.
Source: https://coinpedia.org/opinion/tether-or-binances-failure-could-mark-the-end-of-cryptocurrency-dogecoin-founder/