It's as much of a scam as any bank is sans the fdic insurance. As long as most tether holders don't redeem at once then the shell game can go on forever, just l

It's as much of a scam as any bank is sans the fdic insurance. As long as most tether holders don't redeem at once then the shell game can go on forever, just like Bank of America. Tether should convert to a bank and get fdic insured.