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RE: RED ALERT - Mt. Gox 2.0 Brewing - Bitfinex May Be Issuing Unbacked Tether To Paper Over Banking Service Loss - What We Think We Know (Part 1)

in #bitcoin7 years ago

Great post and well written. Tether is a nightmare waiting to happen. Its no wonder why smart money is moving over to bitUSD and bitCNY at least that is backed by around 200% of its value and no counterparty risk.

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