This Tether disaster is exactly the sort of thing Bitcoin was designed to survive.

Tether permits the thousands of ridiculous fractional reserve banking and ponzi schemes to exist. In a Tether crisis, you can't easily sell your desperately regretted shitcoin, and the exchanges cannot process your cash withdrawals. But you gotta get out, so what do you exchange your shitcoin for?

Bitcoin.

The Tether armageddon may simultaneously wash away 90% of the ponzi shitcoins and hand Bitcoin a huge boost in value.

So bring it on!