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RE: NSA is Tracking Your Crypto! - Twitter Loves CryptoCurrency! - Crypto News

in #cryptocurrency6 years ago

Tether, using $'s which is real currency to back crypto currency. This comment cracked me down! Haha! Still laughing.

Being invested in Tether at a time when they print extra holds absolutely no inflation risk to your investment. Inflation on your Tether due to printing of Tether is impossible if it is linked to the US$ or whatever fiat you are in. Only inflation on the fiat linked to your Tether has an effect. I agree that having your money in there is very risky and I would not consider it for a second but risks are:

  • Stopping service and you not being able to withdraw; or
  • A run on the bank (run on Tether in this example).

Still good information. Thanks man, will be following them.

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