4 ms·
Do they even claim to hold an equivalent in cash still?
by mcintyre1994 6y ago
Do they even claim to hold an equivalent in cash still?
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- geraldbauer 6y agoSee The Tether Press and Bitcoin's Speculative Mania [1] TL;DR - Prepare to get filthy rich! In USDT terms. [1] http://www.tr0lly.com/bitcoin/the-tether-press-and-bitcoins-speculative-mania/ http://www.tr0lly.com/bitcoin/the-tether-press-and-bitcoins-...
- aent 6y agoNope. It's "backed by other assets", not backed 1:1 but "is always valued by Tether at 1 USD" and "Tether makes no representations or warranties about whether Tether Tokens that may be traded on the Site may be traded on the Site at any point in the future, if at all." all on their website.