/biz/ - Business & Finance

[Anonymous No.25541103]

>4chan, twitter and reddit said Tether is under investigation that mean it real

[Anonymous No.25541340]

>>25541103
oof dead wrong tether's own lawyer says they don't have it
>Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued.[7] Nevertheless, Tether Limited states that owners of tethers have no contractual right, other legal claims, or guarantee that tethers will be redeemed or exchanged for dollars.[4] On 30 April 2019 Tether Limited's lawyer claimed that each tether was backed by only $0.74 in cash and cash equivalents.[8][9]

[Anonymous No.25541437]

>>25541340
well, it's not the end literally. But in stocks sth like that is priced in eventually. Let's see how this works in the crypto area. Informed market participants have known that for years.

[Anonymous No.25541476]

>>25541437
When you get 50 cents otd post crash niggers going to ask for blood
You have to understand the dollar will down too

[Anonymous No.25541496]

Anon you wouldn’t want to be racist now would you? Just hodl for china to dump on you. It’s only fair for the niggers

[Anonymous No.25541628]

>>25541103
>4chan said
Woah buddy, this is /biz/, on the website known as 4channel
And we did not say any of that
I think you want /pol/
They're full of crypto newfags and nocoiners, like you! You'll like it there

[Anonymous No.25541638]

>>25541340
So why does curve arb it to $1?

[Anonymous No.25541752]

>>25541638
Its not a mathematical miscalculation its a social one the MAIN LAWYER HAD TO ADMIT IT WAS DOWN TO 70 cents THAT GOES DOWN AS PEOPLE PULL IN WITHOUT A CRASH
Whoever is over there has the balls the size grapefruits if it crashes before they might cover if no its 5 years in light prison