Post
Topic
Board Altcoin Discussion
Re: DO NOT TRUST TO TETHER
by
aemma
on 08/07/2020, 09:06:32 UTC
Tether getting bigger every day but it doesnt mean you can trust them.
Im not gonna say tether developers are scammer but tether could be fall very hard by Central bank mafia, Money Landing is a good Excuse for Central Bank to freeze tether money account.

I agree that Central Bank mafia can play around ones money account which might even drastically bring Tether down and so on but currently, which stablecoin can we trust? This is the big question begging for answers when having in mind that all stablecoins are the same, that is, have no utility other than using to fix funds from decreasing in price, mostly backed by a centralized entity and so on. My only opinion is, do not hold any stablecoin for long term and if one wants to hold Tether, I do not actually see it going down immediately as there will probably be warnings owing to how huge it has grown.