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$120 000 000 out of literal thin air Anonymous Mon Feb 24 06:03:59 2020 No.17410050 [Reply] [Original]

120M usdt printed with no official backing

>>	Anonymous Mon Feb 24 06:04:25 2020 No.17410053 based pump it

>>	Anonymous Mon Feb 24 06:04:32 2020 No.17410055 >>17410050 >no official backing oh look it's the 2017 FUD again we bull now get rekt bobos

>>	Anonymous Mon Feb 24 06:05:35 2020 No.17410063 >>17410055 no it's actually explicitly said by the tether treasury themselves https://twitter.com/paoloardoino/status/1231895017687572480

>>	Anonymous Mon Feb 24 06:05:38 2020 No.17410064 File: 715 KB, 2440x2196, 1576997882150.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon Feb 24 06:08:48 2020 No.17410097 File: 30 KB, 657x527, 4535345435.png [View same] [iqdb] [saucenao] [google] i put all my money in tether when btc is going down, is this bad?

>>	Anonymous Mon Feb 24 06:10:45 2020 No.17410109 >>17410055 Official backing is a red flag actually

>>	Anonymous Mon Feb 24 06:11:04 2020 No.17410112 PAMP IT SENPAI

>>	Anonymous Mon Feb 24 06:13:13 2020 No.17410127 >>17410097 When there's USDC on every exchange now... yea it's dumb.

Anonymous Mon Feb 24 06:20:24 2020 No.17410184

>>17410097
https://www.bloomberg.com/news/articles/2019-04-30/tether-says-stablecoin-is-only-backed-74-by-cash-securities

There's definitely something weird going on at tether. There are later articles where they claim that hey are in fact fully backed.

>>	Anonymous Mon Feb 24 06:23:29 2020 No.17410205 File: 7 KB, 225x225, 4425156634.jpg [View same] [iqdb] [saucenao] [google] >bobo doesn't know

>>	Anonymous Mon Feb 24 06:24:16 2020 No.17410210 >>17410050 This is why you buy RSR. :)

>>	Anonymous Mon Feb 24 06:25:55 2020 No.17410221 and fiat is backed by what to which %?

>>	Anonymous Mon Feb 24 06:32:17 2020 No.17410270 >>17410063 its authorized but not issued. it's not in circulation and is waiting for a buyer.

>>	Anonymous Mon Feb 24 06:36:32 2020 No.17410305 >>17410050 You don't know what you are talking about dummy.

>>	Anonymous Mon Feb 24 06:56:35 2020 No.17410471 >>17410050 load the tether fud

>>	Anonymous Mon Feb 24 07:03:08 2020 No.17410540 And NuLink still only has $50k market cap. Really makes you think.

>>	Anonymous Mon Feb 24 08:11:58 2020 No.17411177 so just like dollars?

>>	Anonymous Mon Feb 24 08:12:44 2020 No.17411185 >>17410540 7M eoMay

>>	Anonymous Mon Feb 24 08:15:13 2020 No.17411207 Crypto cucks will rally against fractional reserve banking but will turn a blind eye to shit like this. Just more evidence that all they care about is pumping their own bags

>>	Anonymous Mon Feb 24 08:54:45 2020 No.17411640 >>17411207 you new here?

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