>Billions of Tethers were printed seemingly out of thin air and used to purchase Bitcoin.

Do we know if it was BTC that was purchased?

I have half a mind to think that people who were smart enough to buy decentralized and scare BTC are different than the people who would buy a centralized fiat coin Tether.

The only people I know that use Tether are gamblers who are day trading alt coins.

It is become more and more apparent every day that Bitcoin is different than Alts.