If trade cryptocurrencies, you probably come across the most infamous stable coin : Tether (USDT). Tethers are pegged to the USD dollar and are used in many exchanges that don't deal with Fiat (Binance, Poloniex, Bittrex). On paper 1 USDT can redeem $1 USD from the Tether platform, but there has been a lot of accusations of a Scam. This video explains what Tether is and its limitations.
👍🏻Subscribe to my YouTube Channel: https://www.youtube.com/c/boxmining
👑Recommended Exchange - Binance: https://goo.gl/joe55C
🤑Trying out Kucoin - https://www.kucoin.com/#/?r=7g34u4
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
💰Buy Bitcoin Through Coinbase: https://goo.gl/h1bw5v
🔒Secure your Crypto with Ledger: https://goo.gl/trBwPr
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Telegram groups:
Telegram Discussion Group: https://t.me/Boxdatamining
Telegram Announcements: https://t.me/boxminingChannel
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
♨️Social:
Telegram announcements: https://t.me/boxminingChannel
Community Forums: http://forums.boxmining.com
Steemit: https://steemit.com/@boxmining
Twitter: https://twitter.com/boxmining
Facebook: https://www.facebook.com/boxmining
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Track ICOs graphically: https://icotracker.org
💪Donations (Message me for Shoutouts!):
Bitcoin : 13EvsPm3YhiCPGksQQdvQUFtsbF8FoU6Cz
Ethereum: 0x58d98516363D2A5f93CE6aB4A4a909599C3EEC3a
Website: http://boxmining.com
▶️ DTube
▶️ IPFS
Here is what Tether can do to restore trust in their Tether tokens:
Give us access to convert any amount of tether we hold directly into USD.(that should not be a problem, if you actually back your Tether one to one with USD as they say)
Put the 2.2 billion USD reserves in an account that can be publicly monitored, but not withdraw from unless official authorization
Have a warehouse (in an undisclosed location) with actual piles of cash, and remote web cams where we can login and see the actual 2.2 billion USD stacked on pallets (kinda like they have those webcams for those shelter animals and stuff)
Oooor….
...thumbs if you agree! (and please sub my channel if you can)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'd trust them more if they did this
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
scam or not im not going to invest in it its steem for me
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i feeling that as well
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Totally agree
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've always wondered why USDT never goes up or down.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitshares.org !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Tether is a sad sack!!! I despise the fact that Bitfinex mixes crypto with USD.. It isn't good for anyone in this space. If you can't hang with the decisions you make in crypto or cannot afford to invest in it then don't do it. There is no reason we need USDT to support us... I like you youtube channel bro, I just started one myself and also on Steemit. Good luck...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thats good,Your youtube channel will be very helpful ,i aspect it.I have already Subscribe your channel.This very good news update about cryptocurrency exchanger.It is very informative and educative value
This is very helpful for us.
Keep it up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good work.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Tether is doing what it's supposed to be doing righ now (though in some exchanges Tether withdrawal has some whopping associated fee).. However, unless formally audited, one will never know if the underlying company actually has the necessary USD to back the amount of Tether in the market. Till then, in God we trust I suppose!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I totally think tether is wrong in one way or another. How does have oversight on the volume and the ability to know when circulation is correct and managed correctly.
Thanks for sharing Michael!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
if you still do not have ROBINHOOD . DO IT Now: https://share.robinhood.com/gurkanc1
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Audits are fundamental if the concept will work out. This is not an innovative concept right now. Money market funds have existed for years and have been a cornerstone to the financial markets as it allows players to "park" fiat until the next investment opportunity comes around. However, these are highly regulated on where the money can go and are audited very closely to ensure the value of the security.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Reviews are principal if the idea will work out. This isn't a creative idea at this moment. Currency showcase reserves have existed for quite a long time and have been a foundation to the monetary markets as it enables players to "stop" fiat until the point that the following speculation opportunity comes around. Be that as it may, these are profoundly managed on where the cash can go and are examined nearly to guarantee the estimation of the security.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
https://d.tube/v/attailah/o19ytk93
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for your continuing education. I have some bts and only just realised that I can use bitusd to do the same as tether! Please make a film about that.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thoroughly well-researched as always Michael, I - like many others - have my doubts - but just like anything, we'll never know for sure unless it goes kablooey one day (cough, bitcon, cough).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm thinking it's only a matter of time before US Gov get on this.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
LOL! I agree with the photo.... Although I find Dtube lagging and slow to load videos...But ....I feel its worth the wait if I know I can reward the poster for good content...so its worth the wait! Anyone else experiencing this lagging or is it just me??
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Never knew about tether, thanks for the wonderful information.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit