Tether issued another 300 million tokens yesterday. Why is it so controversial? And What can be the impact?
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Greg Pitchure:
WAN just hit binance!
What if printing tether is like creating money out of thin air, they print without someone buying tether from them, they buy BTC with tether, sell BTC for USD. Free money. That’s what I am concerned about
Can you please do a video about bitcoin approaching deathcross?
As long as it stays at $1 everything cool 🙂
Tether is definitely not backed 1:1… Neither is the banks of america or anywhere else. Its called fractional reserves and is a common practice. If everyone went to the bank and took all their money out at the same time… well good fuckin luck. Thats going to turn into a shit show real quick and fiat will collapse because there is simply not that much fiat in circulation.
Very dubious group from what I can gather. Lack of transparency is a real concern, anything could be happening with the money they have collected.
I can’t believe the community isn’t addressing this issue head on. I want a real stable coin!
So if they have or not have the real usd…who cares man. Dont talk stupid. Its about trust and believe in. How much is a paper worth with 50 on it? 5cents the price of paper or 50 euro because we believe in it.
Do you think that usd is been backef by gold oil? NO SO STUP WITH THIS CRAP TALK.
Why/ how ALL MARKET may be getting pumped by tether since beginning of 2017??
stop the FUD C u-nt
Tether can easily bring down the cryto market. I have a suspension they are being investigated and will not be mentioned untill it's to late for investors.
1. Print Tether
2. Buy Bitcoin
3. ???
4. Profit
Tether is better than a 3D printer, it literally creates wealth out of thin air. Wizardry.
The more tether the higher btc goes up. Let them do their thing.
1000 million in 1 billion.
Not 100 million.
when is this going to get shut down?? we need to get this trash off our crypto streets
True USD is better.
I'm not scared if they have the money. I'm scared if they DO have the money. If they have 2 billion in a bank account and that gets seized by the government or hacked we are completely utterly boned.
even if they do have every Tether backed 1:1, they're still issuing unlicensed securities. it's just a matter of time before the SEC sends a subpoena…
Forza Juventus!
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