The thread title was correct. Tether is clearly not a scam. Okay so they have had some trouble maintaining the peg to the dollar, but this just means that it is not perfect. There is an obvious need for a cryptocoin that is pegged to fiat, and if tether disappeared something else would just replace it.
Hey, I just used Tether's online wallet with Google Authenticator and it's very easy to grasp for the average person. Perhaps someone looking at this situation can help make Tether's strength an unshakable peg to local currency. At least it takes all the elements of speculation out and isn't that what many "duffers" are worried about? Frankly, this is far more interesting than Ripple. 