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No mention of Tether?
by klipt 9y ago
No mention of Tether?
- wmf 9y agoMaybe they don't want to say anything while the investigation is ongoing.
- JustAnotherPat 9y agoTether is none of the US's business. Headquartered in Hong Kong.
- hisabness 9y agoI don't understand why folks are making such a big deal about Tether. If it is indeed a scam, wouldn't that imply a $2-$3 billion scam at most? What am I missing? As of this writing, the entire crypto market cap is at a recent low of $300 billion. Tether would be around 1% of the total market.
- AlexCoventry 9y agoThe value of the crypto which is actually in flight in day-to-day trading is probably orders of magnitude less than that, though.
- FLUX-YOU 9y agoICOs are a more immediate threat to un-savvy investors. Tether may also die or 'exit' on its own.
- DrBEEFsmack 9y agoThere have not been any new Tether grants (pumps) since Jan 23 and the price is collapsing accordingly.
- joelmartinez6 9y agoFootnote 11 on page 5: "I am particularly concerned about market participants who extend to customers credit in U.S. dollars – a relatively stable asset – to enable the purchase of cryptocurrencies, which, in recent experience, have proven to be a more volatile asset."