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usdt is a usd peg system with no fake money. did you ever read the technical details?
by arisAlexis 8y ago
usdt is a usd peg system with no fake money. did you ever read the technical details?
- zik 8y agoBut it's claimed that it's not really a peg system at all - that Tether were fraudulently created while claiming they were pegged.
- arisAlexis 8y agoyes and because someone wrote about it then it's true right? I can't think of anybody wanting to spread FUD to profit from shorting...for the life of me, really. Who is the manipulator in this case?
- rrcaptain 8y agoExcept Tether hasn't actually proved they have the cash they claim. So why should we take their word that they're a peg system when they haven't proved it?
- sfifs 8y agoThe problem is they have never demonstrated they actually have the money. It's very simple really to ask your bank to provide a certified and digitally signed account statement. This routinely happens in audits. Tether has never showed this. So the accusation is that its operation is basically fraud.