Goldman Sachs didn't buy anything. That's like saying I'm about to buy to Qualcomm because I own a few shares in Broadcom (or vice versa depending on who is buying who). The purchaser, Circle, didn't buy tether either, they are a custodian of various cryptocurrencies tokens on behalf of users, by your same logic GS just endorsed BitConnect (presuming it's still trading, but we can replace with any other shitcoin traded on the platform).
> That's like saying I'm about to buy to Qualcomm because I own a few shares in Broadcom
But that's exactly what you are about to do as part owner of Broadcom. I would certainly say that, this is how equity works.
GS/Circle now have over $200M of Tether liabilities on their books.
Now step back for a moment and ask yourself who has more grasp on the financials of the situation: The acquisitions team of a half billion dollar deal or a group of internet commentators?
