Tether

Duke, if Tether was audited by KPMG you and the rest of the T-Truthers would only say they were paid off. You have a view that Tether is a scam and there's nothing that's going to change that.

Also, Tether doesn't owe anyone an audit. People are free to use other stable coins, or none, Tether doesn't force anyone to use their product.
 
RedDuke said:
how about Fed Chatman saying he sees no issues with mortgage market prior to 2008 crash. All those AAA MBS looked rock solid, until fraud was unveiled. And they were issued by very reputable firms. Imagine the shit that is currently going in BitFinex coffers.
More...

The big difference is that Bernanke didn't have any personal skin in the game whereas SBF has billions of personal skin in the game. He's rumoured to have made $10b in the last few years. Just think of the lost potential if he'd listened to the Tether Truthers telling him anyday now Tether would implode...
 
AbbotAle said:
Duke, if Tether was audited by KPMG you and the rest of the T-Truthers would only say they were paid off. You have a view that Tether is a scam and there's nothing that's going to change that.

Also, Tether doesn't owe anyone an audit. People are free to use other stable coins, or none, Tether doesn't force anyone to use their product.
More...

I would trust big 4 audit. We not talking about using or not using tethers here, we talking about BitFinex issuing tethers out of thin air and using them to bid up BTC. Just look at data, 80% of BTC trading volume come from tethers and only 20 from real dollars.
 
AbbotAle said:
The big difference is that Bernanke didn't have any personal skin in the game whereas SBF has billions of personal skin in the game. He's rumoured to have made $10b in the last few years. Just think of the lost potential if he'd listened to the Tether Truthers telling him anyday now Tether would implode...
More...

AIG had a huge skin in the game, and that did not prevent them from issuing all that shit. Do the names Bear Sterns and Lehman Brothers ring any bell??? Top guys there lost billions
 
AbbotAle said:
Duke, if Tether was audited by KPMG you and the rest of the T-Truthers would only say they were paid off. You have a view that Tether is a scam and there's nothing that's going to change that.

Also, Tether doesn't owe anyone an audit. People are free to use other stable coins, or none, Tether doesn't force anyone to use their product.
More...
@RedDuke has no proof. I have been thru this with her.
 
RedDuke said:
AIG had a huge skin in the game, and that did not prevent them from issuing all that shit. Do the names Bear Sterns and Lehman Brothers ring any bell??? Top guys there lost billions
More...
RedDuke said:
AIG had a huge skin in the game, and that did not prevent them from issuing all that shit. Do the names Bear Sterns and Lehman Brothers ring any bell??? Top guys there lost billions
More...

I htinbk you'll find the reason they issued so much crap was down to the massive personal bonuses paid. And I'm sure that for most of them, those bonuses were far more than their personal shareholdings in AIG.

Anyway, we can go back and forwards on Tether. But I'm going with the opinion of the smartest man in crypto, SBF -

Tether Fudders = always the easiest way to tell apart people who know crypto from the pretenders.
 
AbbotAle said:
I htinbk you'll find the reason they issued so much crap was down to the massive personal bonuses paid. And I'm sure that for most of them, those bonuses were far more than their personal shareholdings in AIG.

Anyway, we can go back and forwards on Tether. But I'm going with the opinion of the smartest man in crypto, SBF -

Tether Fudders = always the easiest way to tell apart people who know crypto from the pretenders.
More...

Wrong. Top managers at Bear and Lehman had billions dollar stakes in their companies, and lost vast majority of their wealth when these firms went under.

another example is how many very smart people invested with Madoff.

best of luck to you!
 
You must log in or register to reply here.
Back
Top