4 ms·
I think you are looking at this through rose-colored glasses. Not everything you read on the Internet is true, and Tether is likely to not even pay a small fra
by IncRnd 5y ago
I think you are looking at this through rose-colored glasses. Not everything you read on the Internet is true, and Tether is likely to not even pay a small fraction of what they have made. It is almost certain they have stolen an incredible amount of money, using a song and a dance, and made people shill for them - because hey tbey have all the bad parts of banks and none of the good parts - so what's the problem?
> as evident by banks needing less than 5% cash reserves of deposits
You may not be aware, but when you deposit money into a bank, deposits are insured, so it doesn't matter if they have 1% on hand. You will eventually get your deposit back. That is not even close to what Tether is.