/biz/ - Business & Finance

>>56492076
Print more you fn ardoino aaaaaaaaaa i need 250k bitcoin and 10c donut aaaaaaaaaaaaaa!

>>56492076
yes we know it's a scam we're just trying to make it before it implodes

>>56492076
They're just making bank issuing more at 5%

>>56494150
not how it works
any event that causes significant withdrawals from tether would torpedo solvency
it's a race to the exit right now, the smart ones are positioning themselves near the door, soon it will be a stampede

Tether truthers really are something else

>>56492076
@WallStreetSilv is a felon extortionist named James Morrison. his story is unreal so hes likely a Fed.

>>56492076
>still claim they are fully backed by USTs
>still pretend they're not a fraud
>TLT has collapsed from 181 to 84
ya
>>56492427
biggest goal-post shift from cryptokeks ever. and you speak for all of them whether they like it or not, great job
>>56494150
>an actual retard with no clue how bonds work
>defending tether
expected
>>56494359
>feign bewilderment after being left with no argument
lol, lmao
>>56496050
>trying to shoot the messenger when the screenshot is paolo's tweet making the admission
>and it's still up
https://twitter.com/search?q=%22reached%2072.5B%20exposure%22&src=typed_query

>>56496081
>biggest goal-post shift from cryptokeks ever. and you speak for all of them whether they like it or not, great job
what the FUCK am i reading hahahahaa
how did you end up here? is this your first day from plebbit?
we literally discussed the tether scam back in 2017
everyone is aware of it but newfags. only question is whether you're a true believer and pissed this systemic risk exists, or a sociopath scamming piece of shit and just want to exit before it blows up

>b-but i found this one guy who said "muh tether truther"
so yeah let me explain how anonymous imageboards works
much like we don't have account names to tell us you're a plebbit immigrant from 2023, we don't have account names to tell us that anon is a twatter immigrant from 2021
this is where having a brain and gathering clues from post content helps
your complete unawareness of /biz/ culture spells out you're either new or an extremely casual tourist
and the other anon using the "tether truther" lingo, which is something twitterfags paid by bitfinex started in 2021 while they were scamming together with ftx, also tells us he's from twitter

here's more board culture spoonfeeding for you:
cope, seethe, and dilate, you nigger kike
welcome to /biz/

>>56492076
>Basically Tether is down around $50 billions due to yields rise.
they can just hold to maturity like everyone else..

Tether is a scam and ticking timebomb. That faggot fudder is right about everything

>>56494233
>what is hedging interest rate exposure
Stay poor and kys

>>56496334
No they cannot, because they have to sell if people withdraw. However, they hedge their exposure to the exact risk OP is talking about to ensure liquitidy. Literal nothingburger, they are thinking one step ahead of you retarded niggers

>tether was loading up on lower yield bonds instead of bills, because b-because they just were, ok?!
Doubt.

>>56492076
kek Tether is the US govements way to unload all of the worlds bad debt. Only retards are buying this shit now. Tether loads up on it then gets "shutdown" then all the debt gets wiped

>>56492076
>load ze tether fud for the billionth fucking time

>>56492076
A bit ironic that a "stablecoin" that's supposed to be stable, holding US bonds, which are also supposed to be stable is looking unstable. Unironically, bitcoin will be the world's stable asset in the future.

>>56496347
>That faggot fudder
bitfinexed? he's still alive?

Tether laundered a ton of dirty money and at one point in time probably had an enormous hole in their balance sheet however they luckboxed into a 5% government bonds environment and have been able to use that to clean their sheet up.

Biggest example in world history of fraud it til the audit, but there will never be an audit.

Tether handled 30 billion in redemptions just fine. It makes appx $4 billion in profits every year. It has issued appx $80 billion tethers. They are almost completely backed by US treasury bonds. If interest rates go up those don't become worthless. They are just slightly discounted in the event of a forced sale. Tether also holds a shit ton of bitcoin. They have never had a stronger balance sheet than now. And they didn't collapse when their balance sheet was way worse and USA jew banks tried to topple them. Can we move on from the tether FUD at this point? Its been 10 years. Time to move on.

>>56497003
if the hole is cleaned up then I don't give a shit and the absolute mouthbreathing subhumans that make threads like this to steal 1 minute of my attention before I realize it's bullshit need to get what they fucking deserve. you need to get what you fucking deserve