/biz/ - Business & Finance

Tether is understood to be a USD certificate. Printing new Tethers would only be legitimate *IF* Tether/Bitfinex have the equivalent USD cash on hand to match their freshly printed USD certificates. All 1.6 billion up from ~50 million last April when Tether had their bank accounts closed and no one could make new USD deposit purchases.

Pic is literally all you are relying on. Meanwhile Tether have changed their TOS to avoid all accountability and have exited the US to avoid anti-scam regulatory scrutiny.

It's going to be brutal, read:
https://hackernoon.com/what-will-happen-when-the-shit-hits-the-fan-with-tether-f59f92fd8dca

>>6794596
Don't worry anon all those new Tethers are back by USD holdings this instagram post proves it!

Tether reserves have been CONFIRMED
https://steemit.com/bitcoin/@catintokyo/an-interview-to-mr-giancarlo-cfo-of-bitfinex-and-tether
http://archive.is/2SOxX

Tether reserves have been CONFIRMED
https://steemit.com/bitcoin/@catintokyo/an-interview-to-mr-giancarlo-cfo-of-bitfinex-and-tether
http://archive.is/2SOxX

To the moon boys!

>>6783636
Tether is understood to be a USD certificate. Printing new Tethers would only be legitimate *IF* Tether/Bitfinex have the equivalent USD cash on hand to match their freshly printed USD certificates.

Pic is literally all you are relying on. Meanwhile Tether have changed their TOS to avoid all accountability and have exited the US to avoid anti-scam regulatory scrutiny.

It's going to be brutal, read:
https://hackernoon.com/what-will-happen-when-the-shit-hits-the-fan-with-tether-f59f92fd8dca

Tether fudders and bitfinexed BTFO

Based giancarlo

>>6780168
Tether is (on paper) a USD certificate
That would only be legitimate *IF* Tether/Bitfinex have the equivalent USD cash on hand to "print" their USD certificates.

Pic is literally all you are relying on as Tether change their TOS to avoid all accountability and exit the US to avoid anti-scam regulatory scrutiny.