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Tether is arguably itself a scam based on their incredibly creative account and likely outright lies about the backing of Tether.
by hellotomyrars 4y ago
Tether is arguably itself a scam based on their incredibly creative account and likely outright lies about the backing of Tether.
- aww_dang 4y agoTurtles all the way down. The US central bank backs the US dollar with "The full faith and credit of the US government" https://www.federalreserve.gov/faqs/currency_12770.htm https://www.federalreserve.gov/faqs/currency_12770.htm
- hellotomyrars 4y agoSure, totally. But I trust the faith and credit of the US government a lot more than the faith and credit of Tether.