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> Tether is literally being asked to openly disclose confidential business information to the entire world. If what you are invested in is confidential busines
by jcranmer 4y ago
> Tether is literally being asked to openly disclose confidential business information to the entire world.
If what you are invested in is confidential business information, you're doing something wrong. This is all the more true because Tether's claimed value to its customers isn't "you're going to make bucketloads of money if you invest in my fund" but "invest $1 in my fund and you can get $1 (no more and no less) out at any time." Given the latter goal, the fact that it took an awful lot of teeth pulling to get Tether to reveal as much detail as it has should be a massive red flag of risk.
> what is the big issue? money market funds your pension invests in have the same composition as Tether.
We're asking for the same transparency as every money market fund in existence. Why should that be so hard for Tether?
- forum_ghost 4y ago>If what you are invested in is confidential business information, you're doing something wrong. You've never beaten the market before, and never will.