/biz/ - Business & Finance

Reminder that I reminded you several times that all crypto is backed by Tether, and Tether is backed by nothing.

Time is running out Paolo, I'm coming for you and your crew.

>>25842224
This is the Reichtag fire, the collapse of Tether will be the Holocaust

This is just the beginning of the crash. Soon the whole market will become illiquid and exchanges will freeze.

Cash out what you can, you don't have much time

Liquidity will dry up and exchanges will freeze.

No stablecoin is safe.

This is your warning. Do not be Greedy

Tether is printing for the good of the common man. I am going to make money off of Tether pumping bitcoin. It could flash crash to zero (which it will) but I will still ride it as far as I can. There's some risk because of that, but I'm willing to take it

Tether’s promise to keep as many U.S. dollars in reserve as there were USDT in circulation was simply not possible given Tether’s troubled banking history.

Bitfinex and Tether’s banks cut off their accounts in early 2017, and they would not regain access to correspondent banking for another six months, Yet during those six months, Tether issued 409 million new USDT—nearly ten times as much as in the prior two-and-a-half years.

This is your reminder that tether is printed out of thin air and backed by nothing. On Jan 15th, all USDT liquidity will dry up, exchanges will freeze and your internet coins will become worthless.

cash out before it's too late

Tether will become worthless, exchanges will freeze and liquidity will dry up. This is your warning