Post
Topic
Board Speculation (Altcoins)
Re: What do you think about Tether?
by
South Park
on 24/01/2019, 17:18:31 UTC
Many people use  The Tether[USDT] as there Safe ´´Wallet´´ so they Purchase it and Tether always keeps up the Same Price as you can see it doesnt really went down since 6 Months
My Question about it Do you use Tether to?
I do not think of tether as a cryptocurrency since it is backed by fiat but there have been many doubts that each tether is backed by one dollar as their creators have stated, this has profound ramifications if true, all of those that are using tether to take refuge of the difficult market conditions could lose everything if it is confirmed that they have been lying, for such a coin the most important factor is to keep the trust of their investors and once they lose that its price could crash to zero.