3 ms·
They're missing some names there. An article about the most powerful people in crypto(currency) and they don't mention Bitfinex/Tether at all?
by raesene9 5y ago
They're missing some names there. An article about the most powerful people in crypto(currency) and they don't mention Bitfinex/Tether at all?
- sillysaurusx 5y agoIsn't tether going to implode pretty much any year now? I'm relatively uninformed, but people keep saying they're playing with fire. Animats did a nice breakdown of this within the last several months. (Boy, corona time is weird.)
- asimpletune 5y agoBased on the amount of downvotes that you received, I would say, yes, you're right.
- emteycz 5y agoI am hearing that for years now. Do people really still believe it?
- paulgb 5y agoYes. Tether skeptics have already been right a few times: the Bitfinex connection (which was denied until it came out in the paradise papers), not being directly dollar-backed, being under-collatoralized for at least a period of time (per the NYAG investigation). Do people suddenly believe they’ve gotten honest, even though nobody in the commercial paper market they are supposedly a big player in have heard of them?