I’m personally pretty comfortable with Tether — but many aren’t, for good reason, and labelling legitimate skepticism as “FUD” puts you firmly in the category of cranks and pumpers, not serious people trying to build an ecosystem.https://twitter.com/OnrampAcademy/status/1478916693124657156 …
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the whole conversation is really tiresome. few skeptics stick to facts, opposition often lacks arguments better than "yeah that stuff was bad but I trust the guy"
Yeah I would come down just as hard on someone waving around vague speculation and guesswork and presenting that as fact (as a lot of tether skeptics like to do)
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I use tether and I’m basically happy to do so, but at the same time there’s a lot of unanswered questions and I wouldn’t be surprised if it dropped 20-25% one day.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Don't worry fam u get a pass
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There would be less skepticism if they actually held reserve-quality assets in their portfolio. As it stands there’s a lot of Chinese commercial paper in there (allegedly) which is VERY different from treasuries from a liquidity / risk perspectivepic.twitter.com/zGyDgUtyy6
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There are no actual proofs that they have Chinese commercial paper. Tether officially denied all that stuff
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