The best case scenario currently is “They’re speculating with customer funds but YOLO what is life without jousting with securities regulators in one’s major market. It’s not a Ponzi. They’re the exact combination of skilled and unprincipled required to run this business.”
-
-
Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Not a fan of Tether, but when the allegations came out last month that they lost/repurposed $800m, the market barely blinked! I think Tether is important to BTC markets but not existential. I'm sure my co-founder
@androolloyd would heavily co-sign your tweet though.
-
Makes you wonder why it’s so important, when the Tether printing press just mints new tokens with zero transparency. Oh look a bull run.....
#NoCoincidence
End of conversation
New conversation -
-
-
Companies like this is why we can't have nice things.
-
"It formerly claimed that each token was backed by one United States dollar, but on March 14, 2019 changed the backing to include loans to affiliate companies." Just change your business model on the fly, eh? 1 - https://en.wikipedia.org/wiki/Tether_(cryptocurrency) …
- 1 more reply
New conversation -
-
-
At one point people start trying to get cash out of the exchanges. There is no cash, only USDTs...
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.