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RE: Why Tether’s latest statement about its auditor is complete BS

in #bitcoin7 years ago

We live in a world where simply having some rich dude look at a bank balance on a computer screen is enough for investors to feel comfortable.

The whole point of crypto is to reduce trust in third parties, but some seem to think that implies simply trusting people blindly

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Exactly! What is the point of a 'decentralized' system when what these people are doing is centralizing everything all over again LOL

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