Without that, we have no reason whatever to believe that Tether is collateralized, and very good reasons to assume that it isn't.https://twitter.com/aridavidpaul/status/959574322800156672 …
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lol the balances are fucking real, simple as that. the memo is a verification, even if it falls short of audit. so theres your verify, not trust. gox pairs did _not_ look good. they were trading way out of whack vs the rest of the market. anyone can keep doubting any evidence!
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No it's not as simple as that. Funny to me that you're leaning on the credibility of an unsubstantiated memo the week
#ReleaseTheMemo flopped. MtGox was the market then. Fortunately USDT isn't as big of a central point of failure, but its still be enough to warrant an audit.
End of conversation
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