What is Tether and Why You Should Stay Away From It-1

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In today's episode of Your Simplified Coin Review, we take a look at Tether. Tether is a dangerous token that in my opinion (not financial advice) all investors should stay away from. It has a sketchy past and some odd involvement with Bitfinex. The main issue with Tether is that no one has actually seen their supposed supply of 2.75 Billion dollars that is supposed to support the Tether project. Two different times they announced they were going to have a financial audit and neither time was it actually carried out. A collapse of Tether could mean bad news for the markets and would definitely be bad news for those people who hold Tether. Watch this video, do your own research, and come up with your on conclusions. However, for me, I'm staying away from it and all stablecoins until I know one is definitely safe.

Links
Cupboard Picture: https://www.housebeautiful.com/uk/lif...
What is Tether: https://lifehacker.com/tether-how-a-c...
Tether Timeline: https://bitcoinmagazine.com/articles/...
Recent Tether Token Printing: http://bitcoinist.com/250-million-tet...

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