Post
Topic
Board Altcoin Discussion
Re: DO NOT TRUST TO TETHER
by
lixer
on 20/07/2020, 22:18:52 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.
You’re not the first person that has pointed finger at Tether, I have seen so many complain about whether tether can really be trusted and some of them have said that it is not fully backed by the US dollar. There was an article that was posted on Coin Rivet, and according to the editor, the Tether is not fully backed by the USD, only about 70% of it is backed by the USD. I don’t know about other stablecoins, they might be the same thing, that’s if this is true about Tether. Although PAX seems to be something different.