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/biz/ - Business & Finance

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10006313 No.10006313 [Reply] [Original]

>yfw the fabled golden bull run already occurred in the form of fradulant tethers

>> No.10006470
File: 1.62 MB, 2400x1350, Tether is backed by this.png [View same] [iqdb] [saucenao] [google]
10006470

>>10006313
There's nothing fraudulant about Tether. You can trust it 100%. Every Tether is backed by 1 USD. And the United States Dollar is the strongest currency on the planet, and the USA is protected by the strongest military force in the history of humanity. Therefore your Tethers literally are backed by nuclear weapons.

>> No.10006513

>>10006313
nukes are overrated even pajeets got em now

>> No.10006529

>>10006470
I would rather own a Swiss Franc than a US Dollar as a store of value.

>> No.10006594

>>10006529
The reason Switzerland even exists is thanks to the US. The Swiss Franc therefore is backed by the US. Without the USA, Switzerland would've been Nazi now and the Swiss would all be speaking German.

>> No.10006597

>>10006470
fpbp

>> No.10006600

>>10006594
>what burgers actually believe
don't be retarded

>> No.10006606

>>10006470
based

>>10006529
not based

>> No.10006637

>>10006594
Lol you know nothing of banking.

The swiss franc is supporting your equity markets quite significantly at the moment. The swiss cantons have existed since medieval times and happily have the BIS there. Lastly I wonder if you know what an SDR is seeing as were discussing currencies. Central banks clear using it and it is all decided in Switzerland.

Beware the Mountain Jews.

>> No.10006665

>>10006470
alright but tell me this what guarantees exactly that there is 1 usd in reserve for every tether and it has not been all blown on cocaine and whores and lambos already?

>> No.10006672

>>10006594
Solid bait actually

>> No.10006691

>>10006313
actually there is 3 tethers now...

>USDT
>TUSD
>USDC

wait til they all start printing at once...

>> No.10006861
File: 2.87 MB, 1125x2436, E771D70F-49FF-42FB-AA1C-0F4B99A7A0E2.png [View same] [iqdb] [saucenao] [google]
10006861

Biz explained in one picture

>> No.10007020

>>10006470
>crypto will replace fiat
>crypto backed by fiat
let all cryptos die and move on to the next tulip

>> No.10007360
File: 54 KB, 535x462, 1425658857269.jpg [View same] [iqdb] [saucenao] [google]
10007360

>>10006861
>he doesn't block ads

>> No.10007717

>you missed the biggest get rich quick schemes of all time

>> No.10007749

>>10006470
Wow, this USD sure does sound great. I should trade all my fake internet money for it.