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patio11 is decidedly anti-crypto from what I gather. Nothing wrong with that, but he's been calling for Tether to implode for, what, 5+ years? He's not omnisci
by itsoktocry 2y ago
patio11 is decidedly anti-crypto from what I gather. Nothing wrong with that, but he's been calling for Tether to implode for, what, 5+ years? He's not omniscient about this stuff.
https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/ https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/
- ahnick 2y agoTether was very likely insolvent at one point in its life, but seems to have been able to fill the hole over time given they basically just print profits from the interest on its USD holdings.