Quote from: john139 on April 27, 2019, 07:16:34 PM

Quote from: 7jaka7 on April 27, 2019, 06:35:41 PM

First I just want to tell you that you could write a little more organized and clear. It's actually hard to read post.

Quote from: john139 on April 27, 2019, 04:44:11 PM

most people see tether as a currency which is backed by $

But it's not entirely true.
"100% Backed
Every tether is always 100% backed by our reserves, which include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities (collectively, reserves). Every tether is also 1-to-1 pegged to the dollar, so 1 USD₮ is always valued by Tether at 1 USD."

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they are pretty sure whenever they want they can get real dollars instead of tether in their bank account

I am wondering if this is possible. Tether company itself doesn't provide this possibility.

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Is this idea true? if no , please clarify me why btc price has decreased?

I can't understand this from the economic perspective. But I believe it's mostly fear and confusion on market.

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2) what do u think about future of tether ?

I think it's not bright. It's a bad system on top of a bad system (USD). And it's price will not/ should not go over 1$ so why would you risk it. But don't listen to a random guy on internet.

thanks for the info Wink

Through all the quoted text and phrase that you've just quoted, I think it is not necessary to say only a four comment about appreciation of this post, maybe you could try to share what is your stand about it, considering the topic as well, in order to make this community even informative further.