Post
Topic
Board Altcoin Discussion
Re: my conclusion about Tether
by
wxa7115
on 18/08/2018, 18:36:24 UTC
That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .
Do not do that, Tether is necessary in this market since it allows you to move from cryptocurrencies to something similar to fiat in a very fast way but some months ago there were doubts about whether the veracity of the claims that one dollar was equal to one tether were true and while for the moment that seems to be the case you should not trust that is always going to be the case.

We are in thee market of cryptocurrencies to avoid centralization and to depend on the guarantees of a powerful central party is a mistake since most of the time those promises are false, so never hold tether more than a few days to minimize your exposure to a possible bankruptcy or fraud.