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RE: Tether slash Bitfinex... and the conspiracy that goes along with them.
I don't think Tether as an scam. Maybe I am wrong but it has helped me a lot !
I don't think Tether as an scam. Maybe I am wrong but it has helped me a lot !
No question that it has a great purpose. If they can keep it together it works fine. The concerns are about the huge numbers in circulation and what will happen if there is a run up in the market when a lot of Tether will be sold. Will they "burn" the excess to keep the price pegged?
They will burn the tokens. I think they have faced this situation before also !
No one isn't saying that it hasn't help anyone, it's whether or not it will be around tomorrow or a week from now is the issue, because they are not being transparent with the people who use and rely on it.