Post
Topic
Board Speculation
Re: TETHER 'PRINTED' 250,000,000 USD, WILL BITCOIN PRICE RISE?
by
stompix
on 27/06/2018, 15:58:39 UTC
Basically they counterfeit dollar bills Smiley . It should be against the law if you ask me. They take 1 dollar fiat, and they create 1 dollar digital, but they use both.

They can't use both Smiley.
If they take the $ from somebody they must give them the usdt.
If there is no such person and they print it out of thin air, then there is no $ at all.


tether is not 100% backed anymore since it was hacked once and 35 million usdt where stolen
its not even backed with usd, most risky fiat worldwide.


Well, I thought the bolivar, the rubble, the Turkish lira, the Zimbabwean dollar, the peso and so on are riskier.
Good to know, going to change my 100$ bill to some truck full of ZW$.