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/biz/ - Business & Finance

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>> No.4459680 [View]
File: 163 KB, 663x520, TetherWhitePaper pdf.png [View same] [iqdb] [saucenao] [google]
4459680

>>4459303
Tether is blatantly not operating as it was originally described.

>> No.4457668 [View]
File: 163 KB, 663x520, TetherWhitePaper pdf.png [View same] [iqdb] [saucenao] [google]
4457668

>>4457562

>> No.4454498 [View]
File: 163 KB, 663x520, TetherWhitePaper pdf.png [View same] [iqdb] [saucenao] [google]
4454498

Tether is fractional reserve banking, if 0/1 is a fraction.

There is NO WAY to officially withdraw USD from Bitfinex. You CANNOT exchange Tethers for USD officially.
You also CAN'T deposit USD for tether.

And if this all goes tits up, your tethers will be worthless, and Bitfinex won't pay out the USD they owe. Not in a million years.

>> No.4434613 [View]
File: 163 KB, 663x520, TetherWhitePaper pdf.png [View same] [iqdb] [saucenao] [google]
4434613

>>4434300
Tether is such a scam.

You can't actually redeem them for 1USD, they are just worthless.

>> No.4422485 [View]
File: 163 KB, 663x520, TetherWhitePaper pdf.png [View same] [iqdb] [saucenao] [google]
4422485

>>4422450
tether

>> No.4422038 [View]
File: 163 KB, 663x520, Screenshot-2017-11-18 TetherWhitePaper pdf.png [View same] [iqdb] [saucenao] [google]
4422038

Tether is a complete scam
I can't believe people still don't understand this shit.

Pic is from the tether whitepaper, describing how the tether economy will work. I've annotated it to show the real world differences.

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