it is not. This is not a game, people invest their hard earned money into Crypto. Not sure why you seem to be happy that there is no audit. Audit would be a great thing for everyone, apart from Tether is course if they are a fraud.
As I said, I'm sure the team at Tether has changed their old ways. Their past criminal histories should not taint them in any way. Actually, I have proof... here is their code of ethics to prove it:
An audit is not a great thing for everyone, this is a false narrative put forth by the very same people who have wish for Tether to collapse Tether is absolutely doing great, earning billions, yes, billions, you heard it, BILLIONS of $ every 3 months, MORE PROFITS THAN GOLDMAN SACHS And you think Tether needs an audit? No one that supports Tether cares about an audit, not their customers who are buying billions of Tether the past few weeks, Tether has already added over $20 Billion in the last couple of months What has USDC done in the same time period??? And that is audited, right??? I DO NOT WANT A TETHER AUDIT, FUCK EVERYONE WHO WANTS A TETHER AUDIT, if it was up to me, NO AUDIT We use Tether, Tether is very useful outside of the western countries, Lebanon, Turkey, Argentina and EVERY FUCKING ASSHOLE WISHING FOR TETHER TO FAIL, JUST REMEMBER WHO YOU WISH TO HARM and maybe karma will get you for wishing bad things to the very same people who are being helped by Tether, the unbanked of the world THIS IS NOT A FUCKING GAME, lives are on the line
John, what happened to you? You post like a totally different person. I hope your account was not hacked. All these people will loose every penny if Tether is exposed as fraud. Some stable coins are audited, and they can not just print shit out of thin air, that is why they indeed much smaller than Tether. If Tether prints token at will, it will end one day, and when it does, all hell will break loose. Not a good thing no matter how you look at it.
you need to be insane to short crypto. Short term sure, long term long is the only game in town. our preliminary back test showed great performance for shorts during specific time periods. But this is trading. Investing, long is the only way.
Tether is not printing without $ incoming, no matter how many times you repeat this, it will not change Cognitive dissonance Why you choose to ignore that in the past 6 months have added more USDT than the whole current market cap of USDC? And now you choose to ignore Tether is making more $ than Goldman Sachs The market is telling you that you are wrong If you were right, the Usdc would be the successful stablecoin as you and others have championed on many posts How much profits have Usdc made last quarter??? Would you believe me Usdc is losing money? Pretty incredible, right, since all it has to do is buy treasuries Usdc is partly owned by Goldman Sachs by the way And it has lost half of its market cap in the past year LISTEN TO WHAT THE MARKET IS TELLING YOU instead of your opinion
enron and madoff also played that game. Market is not telling us shit. All we know for certain Tether was caught more than few times lying. Other than that no one outside Tether knows what is going on.
Conflate Tether with TradFi frauds that never made money, were using TradFi obfuscation tactics to hide their losses Tether is on a public, transparent ledger called blockchain, where every single Usdt can be tracked, but I'm sure you knew that already How many years have you been waiting for Tether to collapse?
Yes their tokens are public but what backs them is not. It is really this simple. Makropolous was writing to SEC about Madoff For over a decade before it all blew up