With the current economic climate swirling around debt like a hurricane, fiat currencies will be the big loser. People are waking up to the fact that currency is printed out of thin air, and in times of emergency - oblivion! Commodities will be the big winner, and cryptos with real world utility.
A Tether is a virtual coin that represents the equivalent of a dollar. The structure of Tether companies is part of the same holding as Bitfinex. For almost a year there have been rumors that a Tether might lose its liquidity or not have it at all. Is Tether a fiction? I do not think so, because there are large players in the market (Binance, Poloniex,...