Tether: The Story So Far https://buff.ly/2MUbqoB TL;DR: Bitfinex has been printing insolvent tether which is propping up crypto pricespic.twitter.com/AnsJAzxzqM
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TBH, my sense is that no one really knows what's going on. Some think it was never a thing, others that it's going to be huge. I can't tell.
Even with the in depth reporting, there are a lot of important details that haven't ever been explained. I can speculate over DMs if you want, but I don't have any insider knowledge ether. This saga is going to make a great story when its all over.
@TheBlock__ is doing an interview with the CTO. Perhaps some updates will follow.https://twitter.com/fintechfrank/status/1191731209111560193?s=19 …
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