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/biz/ - Business & Finance

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17835591 No.17835591 [Reply] [Original]

Which bank does Tether keep it's money in?

>> No.17835610

>>17835591
Haha, good one.

>> No.17835622

LMAO

>> No.17835633

>>17835610
>>17835622
I don't get it

>> No.17835660
File: 392 KB, 630x630, 1584092749892.png [View same] [iqdb] [saucenao] [google]
17835660

News flash Tether never had enough money in the first place.

Look it up anon pretty much everyone knows tether is insolvent its just we are to insane to care.

you have better luck in DAI lololololol

>> No.17835669

>>17835591
Tether won't have to do much withdrawing, everybody will be using it if there's a recession. But if their bank defaults we'd be pretty screwed

>> No.17835839

>>17835610
>>17835622
>>17835633
>>17835660
>>17835669
We fucked? I still haven't sold

>> No.17836055

>>17835591
Congrats on figuring out why we mega dumped

>> No.17836083

>>17835660
DAI is in the same boat. USDC is the safest

>> No.17836239

>>17836083
How is Dai in the same boat? Dai doesn't rely on any bank or USD at all. It relies only on eth.

>> No.17836249

>>17836083
Still held by a bank.... At least it's not fractional reserve like Tether
https://www.coinbase.com/usdc

>> No.17836346

Sold everything. God speed anons. Will get back in when the trend changes

>> No.17836855

Shorted everything. God speed anons. Will switch back to longs when the trend changes.

>> No.17836986

>>17836855
I can't margin trade in my country

>> No.17837149

>>17836986
ethbear my friend.
based cz