You are viewing a single comment's thread from:

RE: The MASSIVE Tether Ticking Time BOMB

in #cryptocurrency • 6 years ago

Stan Larimer was interviewed by the badcrypto podcast last month and he mentions that Tether is not backed by anything unlike the real US dollar-backed version used in the bitshares.

6 years ago in #cryptocurrency by
$4.26
  • Past Payouts $4.26, 0.00 TRX
  • - Author $3.28, 0.00 TRX
  • - Curators $0.98, 0.00 TRX
4 votes
Reply 2
Sort:  
  • Trending
    • [-]
     6 years ago 

    I think you meant to say bitUSD, where each $1 is backed by at least $1.75 worth of BTS

    $0.15
    • Past Payouts $0.15, 0.00 TRX
    • - Author $0.12, 0.00 TRX
    • - Curators $0.03, 0.00 TRX
    5 votes
    Reply
    [-]
     6 years ago 

    Yeah, we need to get the word out!

    $0.00
      Reply

      Coin Marketplace

      STEEM 0.20
      TRX 0.13
      JST 0.030
      BTC 65306.74
      ETH 3488.89
      USDT 1.00
      SBD 2.51