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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 3 KB, 225x225, tether.png [View same] [iqdb] [saucenao] [google]
26010347 No.26010347 [Reply] [Original]

*isn't backed*

>> No.26010378

*is backed by pokemon cards*

>> No.26010379
File: 871 KB, 828x788, Screenshot 2020-11-26 at 12.56.17.png [View same] [iqdb] [saucenao] [google]
26010379

>>26010347
>You sold and got shaken out the game.
Hows that sideline seat treating you?

>> No.26010415

>>26010347
Deltec Bank: we have a lot of bitcoin!
Tether: Uh, it's not ours, of course.

>> No.26010451

>>26010379
>He's not swinging
How them bags feeling desu

>> No.26010486

>>26010451
Pretty fucking good to be honest. The Tether fud meme has been around since 2017 I'm sorry you fell for it.

>> No.26010511

>>26010486
Imagine placing feeling smug over reading the market which is reacting to the FUD
>ngmi

>> No.26010536

>>26010486
>they keep telling me I will die one day
>since I was born
>i'm still alive
>don't believe the death FUD anons, it's quantum immortality!

>> No.26010561

>>26010511
Imagine not knowing how the judicial system works. They submitted the paperwork yesterday all 6.5 Million pages of it. That's going to take a long time to read Anon. Nothing is going to happen today

>> No.26010575
File: 450 KB, 1792x2276, 4E9A07B1-9C57-4A6D-8910-659BB1FB68E1.png [View same] [iqdb] [saucenao] [google]
26010575

>>26010486
>he thinks it’s still fud in the year of regulations
>literally the IMF is shitting in bitcoin
It’s doomping
>tether is backed by Panda Express coupons

>> No.26010593
File: 554 KB, 968x581, spaiku.png [View same] [iqdb] [saucenao] [google]
26010593

Imagine being so retard you fell for this stupid FUD.

>b-but its not backed
Banks only have 2% of their money backed and are still allowed to operated. Tether has about 74%.

Seethe, cope and dilate, weak handed faggot. Whales and institutions absorbed your filthy BTC.

>> No.26010594

>>26010561
They've been submitting documents since April, anon. Please keep up. Today the judge is going to make a new judgement. The last one went very poorly for iFinex Inc, hence the breakneck printing speed.

>> No.26010640
File: 14 KB, 206x196, 79D5A6CF-E080-4B4D-8E30-DF62CA1250B8.jpg [View same] [iqdb] [saucenao] [google]
26010640

>>26010593
>tards are now validating money laundering by comparing it to the faulty fiat currency system
>b-but if le bankerinos can do it then w-w-why can’t we? Cope!

>> No.26010648

>>26010593
>Tether has about 74%.
Proofs?

>> No.26010681

>>26010347
fud like this isn't even noticable when entering into a comfy Bonded.finance product.

>> No.26010682

>>26010648
They did sort of kind of have 74% backings (not even in hard currency, a mix of currency and fucking loans) when the total Tethers was $1.8bil. It's now at $25bil that needs to be backed.

>> No.26010683

>>26010593
I think it’s not disputed now that tether isn’t backed by usd and liquid. What impact that has on the market remains to be seen.

>> No.26010693
File: 3.87 MB, 650x518, 1610711948188.gif [View same] [iqdb] [saucenao] [google]
26010693

>>26010347
Gif corresponds to today

https://crypto-anonymous-2021.medium.com/the-bit-short-inside-cryptos-doomsday-machine-f8dcf78a64d3