2 ms·

I’m not saying that page is accurate, just that it reflects their treatment of outstanding tether as a liability, so buying it back for below par is profit in t

• shkkmo 4y ago
  > reflects their treatment of outstanding tether as a liability, It reflects their desire to have is seem that way. Given Tether's well established history of lieing to try to seem more stable, this provides zero evidence for their real attitude. That's the real question that all the bros and shills try to hide. It isn't about when Tether's price can't be kept stable, but about when Tether decides they can't make more money off the market so takes their marbles and goes home. It is possible that Tether wouod decide to keep holding the peg, all the way until they run out of reserve assets, but it seems highly likely that there is a tipping point well before that where Tether decides to keep their remaining assets and let the peg die.
• spywaregorilla 4y ago
  Books are imaginary, and books that are not publically audited are even more imaginary.