wjohnsto

They could although it's more likely, given their own pie charts, they didn't receive any US dollars for printing their coin over the past 1-2 years and instead loaned (i.e. commercial paper) USDT out. These loans are also significant in that they put Tether in the top 10 commercial paper holders in the world, but not significant enough for others in the top 10 to know about them or do any business with them.

You just reminded me how long it has been since I had to deal with this. Conference room group video conferencing is one of the most frustrating things about office work.

I think you mean 56% :).

The article does say "return to full-time office work" or "return to the office" and not "return to work."

The article doesn't mention "return to work." The phrasing it uses is "return to the office" or "return to full-time office work."

What happens if the domain hosting your URL pointer from your NFT disappears?

You're right and your approach works well for all the mostly static content. The tools above are useful if you want to enable things like authentication/gated content, e-commerce etc while also having some static content.

Yeah I definitely don't disagree with you. The backing can change over time, and I linked to a tool that programmatically checks the backing of DAI so that's what I quoted.

In Tether's case they are backed by almost no USD and mostly short term loans to undisclosed entities... I do not think Tether is legit, and USDC is questionable as well. Without third party auditing it's hard to trust any of this stuff.

My original response was trying to highlight how DAI is mostly made up of USDC (at this time), and USDC is a direct competitor to USDT. So in what world would it make sense for USDC to bail out USDT in the event USDT is revealed as a total fraud.

I think that's a pretty lofty goal/estimate.