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Care to place a bet on tether going insolvent within your specified timeframe? Believe theres a few 3rd party betting intermediaries for cryptocurrencies if you
by ShorsHammer 9y ago
Care to place a bet on tether going insolvent within your specified timeframe? Believe theres a few 3rd party betting intermediaries for cryptocurrencies if you or anyone else is keen.
I have no inside info about their finances other than a gut feeling about the campaign against them.
Would love to see some commentators put their money where their mouth is.
Happy to negotiate longer timeframes.
- sitepodmatt 9y agoI think it's important to define who Tether is exactly? DUNS? You're talking about a possible entity where I can't even find an address for the corporation in Hong Kong or any accounts, nor a telephone number, nor a company registration number. How exactly are you going to verify solvency or insolvency?
- ShorsHammer 9y agoTether is registered in the British Virgin Isles and subject to BVI law which clearly defines solvency. There's actually two entities[1], one is for US clients(TLTD) and another for international clients (TIL), insolvency of either is a clear enough outcome for me. [1] https://tether.to/legal/ https://tether.to/legal/ See also: https://en.wikipedia.org/wiki/British_Virgin_Islands_bankruptcy_law https://en.wikipedia.org/wiki/British_Virgin_Islands_bankrup...