Tether says it has completely eliminated commercial paper from reserves

Tether printing press broke 80 billion. Just let it sink in. 80 billion of fake money, representing 70%+ of daily volume.

Another month and 0 mention about audit. Bitfinex typical behavior, lie about audit and then go mute.
 
RedDuke said:
Tether printing press broke 80 billion. Just let it sink in. 80 billion of fake money, representing 70%+ of daily volume.

Another month and 0 mention about audit. Bitfinex typical behavior, lie about audit and then go mute.
More...

Ok, time for you to eat and take a nap now
 
They also released a picture of what they meant by "commercial paper money"

81AGAI1D47L._AC_SL1500_.jpg
 
RedDuke said:
the usual game, they print and then use it to pump crypto. Same play over and over.
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I hope you are correct. I think Tether will grow another 20B soon and hit a $100B market cap. What would be the price of bitcoin then? $50K? $80K?

Exciting to see...
 
RedDuke said:
the usual game, they print and then use it to pump crypto. Same play over and over.
More...
Yeah, it's really concerning how Tether has been operating without a proper audit. It's hard to shake the feeling that something isn't quite right. But at the same time, it's also fascinating to see how the market reacts to these events.

I agree with johnarb; it'll be interesting to see what happens when Tether's market cap grows even further. Will Bitcoin reach new heights, or are we in for a surprise? Only time will tell.
 
Amhurst said:
Yeah, it's really concerning how Tether has been operating without a proper audit. It's hard to shake the feeling that something isn't quite right. But at the same time, it's also fascinating to see how the market reacts to these events.

I agree with johnarb; it'll be interesting to see what happens when Tether's market cap grows even further. Will Bitcoin reach new heights, or are we in for a surprise? Only time will tell.
More...

If Tether fraud is not stopped, BTC will raise. No doubt in my mind.
 
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