Dan Romero pfp
Dan Romero
@dwr.eth
Look on the bright side, it could be worse. You could be a Tether truther.
3 replies
0 recast
19 reactions

timdaub pfp
timdaub
@timdaub.eth
did anything new happen?
1 reply
0 recast
0 reaction

Thomas pfp
Thomas
@aviationdoctor.eth
My gut-feel hypothesis on Tether is that they did start out as a shady, if not outright fraudulent house of cards, with nowhere near the 1:1 collateralization required to operate a stablecoin sustainably. But then the money started coming in & they’ve since been able to vastly improve their reserves with actual cash
3 replies
1 recast
3 reactions

Tyler Branch pfp
Tyler Branch
@photo
0 reply
0 recast
1 reaction