You, and everyone else, ought to be very skeptical. A peg like Tether isn't any kind of guarantee. It's so easy to imagine the insolvency of such a firm throug

You, and everyone else, ought to be very skeptical. A peg like Tether isn't any kind of guarantee. It's so easy to imagine the insolvency of such a firm through government action, fraud, bank seizures, or a juicy combination of all three. https://hackernoon.com/the-curious-tale-of-tethers-6b0031eead87 https://hackernoon.com/the-curious-tale-of-tethers-6b0031eea... Having the private keys that controls a Tether token is not at all like owning a US dollar. That's why their legal policy states: Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency. There is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. I don't think a centralized and fragile thing like Tether deserves to be called a stablecoin. We should reserve that concept for a decentralized and resilient collateralized token issuance system...