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/biz/ - Business & Finance

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56067671

Anonymous Sun Sep 10 01:58:44 2023 No.56067671 [Reply] [Original]

>Tether is not backed by anything

>>	Anonymous Sun Sep 10 02:00:25 2023 No.56067682 correct, it's like an ETF of a Bitcoin and its only goal is to provide a more stable price, on average, than Bitcoin, over long periods of time

>>	Anonymous Sun Sep 10 02:22:56 2023 No.56067757 File: 111 KB, 676x643, 1683309275899584.png [View same] [iqdb] [saucenao] [google] >>56067671 >crypto is not backed by anything FTFY.

>>	Anonymous Sun Sep 10 02:23:40 2023 No.56067761 >>56067757 >>crypto is not backed by anything So what is gold backed by then?

>>	Anonymous Sun Sep 10 02:25:52 2023 No.56067769 This but unironically

>>	Anonymous Sun Sep 10 02:38:09 2023 No.56067811 >>56067671 nah it's backed by some stuff just not exactly what or as much as they say it's fine

>>	Anonymous Sun Sep 10 02:39:45 2023 No.56067819 >>56067761 states who are the largest holders and ultimate controllers of gold, either via directly holding a load of it or indirectly by controlling who mines what where and how and under what conditions.