Tether is fake avoid it

in #bitcoin • 8 years ago

šŸ“ŒTether is not real USDšŸ“Œ
šŸ“ŒMarket cap is not the amount of real money inflow.
šŸ“ŒTether’s market cap is totally different from all other coins.
šŸ“ŒTether is a third cryptocurrency by daily trading volume and being used by most biggest exchanges.
šŸ“ŒTether’s subpoena already caused a huge panic and thus a price dip.
šŸ“ŒTether is centralized system based on trust that can easily be corrupted.
šŸ“ŒTether will always be used by banks and governments to attack cryptos.
šŸ“ŒThere are other decentralized stable coins like bitUSD or DAI.
šŸ“ŒSome exchanges consider giving up Tether in favor of real USD.
šŸ“ŒTether represents a significant part of all fiat money that were invested in crypto market (up to 25%), so it’s not ā€œjustā€ 0.5% of all market cap.

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