Quote from: makishart on October 23, 2018, 02:53:32 PM

Quote from: Raja_MBZ on October 23, 2018, 11:07:35 AM

TrueUSD, till 1 month back, wasn't even in the top hundred. On a daily basis, it's getting printed and gaining more & more marketcap:

http://i.imgur.com/l70ARXl.png

IMO, it's not very good. We're just witnessing another Tether getting into power; what we really need is a powerful Gemini Dollar (GUSD) or Paxos Standard Token (PAX), which are truly backed by a dollar.

We only know about TUSD as much as we know about Tether; both of these just can't be trusted!

Okay, another kind of tether has come. So, why must tether holders convert their tether for a new type of tether?
We need an institution that has an intention to audit TUSD. I'm not sure if a real dollar backed that. I can trust gemini but not for tether and TUSD.

you are absolutely right sir.