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Researchers at UC Berkeley disagree https://voxeu.org/article/stable-coins-dont-inflate-crypto-markets https://voxeu.org/article/stable-coins-dont-inflate-cryp

• jqpabc123 6y ago
  Did these researchers review their financial records? I don't think so. If Tether is really backed as they claim, why not prove it to the AG of NY? Instead they delay and obscure as they mint tethers and inflate bitcoin. https://bitcoinwarrior.net/2021/01/deltecbank-reveals-huge-position-in-bitcoin-why-tether-might-be-in-trouble-again/ https://bitcoinwarrior.net/2021/01/deltecbank-reveals-huge-p...
  • biolurker1 6y ago
    They filed the docs already.
    • jqpabc123 6y ago
      No, they haven't. And their offshore bank has already admitted that reserves are invested in bitcoin. https://crypto-telegraphs.com/2021/01/20/bitfinex-claims-its-almost-finished-to-convert-documentation-into-nyag/ https://crypto-telegraphs.com/2021/01/20/bitfinex-claims-its... https://www.fxstreet.com/cryptocurrencies/news/tether-awaits-clarification-on-the-ongoing-case-against-the-new-york-attorney-general-202101152030 https://www.fxstreet.com/cryptocurrencies/news/tether-awaits...