RE: Why Tether’s latest statement about its auditor is complete BS

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Why Tether’s latest statement about its auditor is complete BS

in bitcoin •  7 years ago 

So if it's found that tether is fractional, and the crypto community doesn't panic (hah!), why is this a bad thing?

bitcoin
7 years ago by

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      ·  7 years ago 

    it would be a bad thing because it implies that Tether can issue new tokens out of thin air, essentially creating free money to acquire crypto with - could have the impact of artificially increasing the value of crypto

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