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I'm also confused by the contradicting news. CryptoTwitter (and the markets) reacted enthusiastically...

• Izkata 6y ago
  Those two quotes aren't necessarily contradictory, they're about different timings. Tether could have been fully backed when issuing new tethers, and stopped issuing tethers during period(s) when it wasn't fully backed.
• PragmaticPulp 6y ago
  When was the last time CryptoTwitter didn’t try to spin something as good for Bitcoin?