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Tether is currently in the early stages of a bank run
- deleted 8y ago[deleted]
- ForHackernews 8y agoAs far as I know, there's no way to actually redeem your USDT from Tether itself. How can you have a bank run on a "bank" that doesn't offer withdrawals?
- megadethz 8y agoCan buy BTC on Bitfinex and sell on a real USD exchange. Explaining the premium.
- jamestimmins 8y agoThis title should be updated to “patio11 thinks Tether is on the early stages of a bank run”. The title implies fact, but this is just one persons tweet.
- OnlyRepliesToBS 8y agothis format is terrible to read
- scotty79 8y agoThe question is, can the people behind tether buy enough of it at high enough price to bring back price to 1$