Can somebody explain, in detail, the conspiracy theory here? Preferably in a way that doesn't emotionally assume some nefarious action?
$450M is a lot of money. Why do you assume that tether is lying about this?
If tether aren't actually backed by anything, isn't that just about the worst ponzi scheme imaginable? Like some sort of reverse ponzi scheme, actually? They give you "fake" tethers, and you get to buy "real" bitcoins with them.
$450M is a lot of money. Why do you assume that tether is lying about this?
If tether aren't actually backed by anything, isn't that just about the worst ponzi scheme imaginable? Like some sort of reverse ponzi scheme, actually? They give you "fake" tethers, and you get to buy "real" bitcoins with them.