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Is this actually true? Tether has remained pegged at $1 USD since its inception (i.e., stable). Why all the Tether hate? Is it because a US company doesn't own
by brutusurp 4y ago
Is this actually true? Tether has remained pegged at $1 USD since its inception (i.e., stable).
Why all the Tether hate? Is it because a US company doesn't own it, or is there more to it?
- illiarian 4y ago> Tether has remained pegged at $1 USD since its inception (i.e., stable). This has nothing to do with the validity of their Tether > Why all the Tether hate? Is it because a US company doesn't own it, or is there more to it? Or is it because they are fraudulent scammers that reneged on any claim or promise they ever made with regards to the source of their funds?
- brutusurp 4y agoAre they really? Where's the data to show for this? Are there actual datapoints? (not rhetorical)
- illiarian 4y agoYes, they are, really. Do you work for Tether by any chance? Only a person living in the cave for the past five years wouldn't know the history of Tether at least in part. Relevant links: - https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/ https://amycastor.com/2019/01/17/the-curious-case-of-tether-... - https://bitfinexed.medium.com/tether-is-setting-a-new-standard-for-transparency-that-is-untethered-from-facts-deec42c473bb https://bitfinexed.medium.com/tether-is-setting-a-new-standa... To quote NY Attorney General, "Tether’s claims that its virtual currency was fully backed by U.S. dollars at all times was a lie"