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"But Tether's not backed by anything and they can arbitrarily print more of it!!!!" "...do...do you not know how the actual dollar works..."
by anonporridge 5y ago
"But Tether's not backed by anything and they can arbitrarily print more of it!!!!"
"...do...do you not know how the actual dollar works..."
- el-salvador 5y agoIt's easier to find the audited FED's balance sheet than Thether's. https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm https://www.federalreserve.gov/aboutthefed/audited-annual-fi...
- dmitriid 5y agoActual dollar is backed up by: - state monopoly on violence and - one of the world's largest economies Tether is backed up by?