That requires the Tether to exist or be worth anything. As I understand it it's a protocol on top of Bitcoin that allows the issuer to arbitrarily destroy it. [

That requires the Tether to exist or be worth anything. As I understand it it's a protocol on top of Bitcoin that allows the issuer to arbitrarily destroy it. [1] Even if it wasn't destroyed, the value could fall over a million fold if they were discovered to be totally irredeemable and without backing. Unlike the Papiermark, you can't even burn them. [1] https://medium.com/wolverineblockchain/whats-the-situation-with-tether-3e13f41d2bcb https://medium.com/wolverineblockchain/whats-the-situation-w...