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> Following that logic, any obvious ponzi / pyramid scheme is credible and trustworthy until it demonstrably collapses? Credible and trustworthy? Of course not
by ryanlol 5y ago
> Following that logic, any obvious ponzi / pyramid scheme is credible and trustworthy until it demonstrably collapses?
Credible and trustworthy? Of course not! Slightly more credible than a napkin with “100% cash” written on it? Of course.
> You say tether is "maintaining" the peg but that information comes... from them
That information comes from the exchanges where tether is traded.
>You won't see that they are not even close to solvent until a bank run occurs
Nobody is disputing this