> This is true of banks, too. In fact, if everyone took out all of their money from all of the banks, there isn't enough real money in existence to cover it. T

> This is true of banks, too. In fact, if everyone took out all of their money from all of the banks, there isn't enough real money in existence to cover it. True and not true. There can be enough money, it's just paper. It can be printed. It only makes sense to print enough to cover what's in actual circulation. If not there there would be tons of warehouse & vaults just sitting and holding tons of cash. On the other hand with Tether, they can't print money. So they could never come up with enough money.