Where your hard-earned money comes to die. Home.
|
 |
Tether: The story of the greatest fraud in cryptocurrency
| Mildly autistic olive cruise ship | 10/28/19 | | nudist wonderful institution lettuce | 10/29/19 | | Mildly autistic olive cruise ship | 10/29/19 | | nudist wonderful institution lettuce | 10/30/19 |
Poast new message in this thread
Date: October 28th, 2019 5:30 PM Author: Mildly autistic olive cruise ship
Tether: The Story So Far
October 29, 2019 in bitcoin , fintech
A friend of mine, who works in finance, asked me to explain what Tether was.
Short version: Tether is the internal accounting system for the largest fraud since Madoff.
Read on for the long version.
https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/
(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39038777) |
Date: October 29th, 2019 3:24 AM Author: nudist wonderful institution lettuce
just read this off an r/ethfinance link. Hilarious article from an anti cryptocurrency zealot who literally admits to having a huge short position in the article.
Everybody knows shit like binance, bitfinex, bitmex etc. are scam casinos. The serious cryptocurrency "community" has migrated to DAI for stable coin needs. Tether is not part of the "infrastructure" at coinbase in any way.
(http://www.autoadmit.com/thread.php?thread_id=4371845&forum_id=7#39040773) |
|
|