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/biz/ - Business & Finance


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13104524 No.13104524 [Reply] [Original]

How come tether hasn't printed any money in four months?

>> No.13104538

I guess now that they confessed to 'no longer' be backed by USD, they can't continue pretending.

>> No.13104596

>>13104524
Tether is deflationary.

>> No.13104893

They probably received a cease and desist and are now familiarising themselves with the provisions of the Patriot Act and how it doesn't matter if your offices are in Hong Kong, you're registered in Tonga Wonga and your servers are on the moon, the Secret Service can go absolutely fucking anywhere they like if they believe that national security is being prejudiced by your business activities. Believe it or not, setting up a money printing business denominated in USD is a short cut to getting fucking rolled.

I hope Bitfinex gets raided and all of the smug denialists get a justice enema

>> No.13105809

>>13104524
>How come tether hasn't printed any money in four months?
No significant fresh money coming into this space

>> No.13105819
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13105819

>>13104893
this isnt as far fetched as it may sound. the jewish magical money machine doesnt like competition or counterfeiting