3 ms·
I keep trying to wrap my head around the economics of this and maybe give Tether the benefit of doubt. I think the most damning technical detail is that there i
by t3chn0SchO0lbus 9y ago
I keep trying to wrap my head around the economics of this and maybe give Tether the benefit of doubt. I think the most damning technical detail is that there is no client-side wallet. We can't trade Tether amongst ourselves or engage in any trades that Tether doesn't have at least indirect control of.
- taberiand 9y agoTether is a scam, 100%. It's fake money materialized out of thin air to pump Bitcoin.
- trophycase 9y agoYes you can. Tether is an asset on the Omni protocol and is expanding to ERC20
- ufo 9y agoThe most damning thing for me is that none of the many exchanges trading tethers allow you to trade them for US dollars. The only way to cash out of tether now is to buy cryptocoins and transfer them to a non-tether exchange.