RE: [dtube] Tether (USDT) Explained - Is Tether a Scam?

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[dtube] Tether (USDT) Explained - Is Tether a Scam?

in bitcoin •  7 years ago 

Here is what Tether can do to restore trust in their Tether tokens:

  1. 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)

  2. Put the 2.2 billion USD reserves in an account that can be publicly monitored, but not withdraw from unless official authorization

  3. 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….

  1. Be straight up honest with us, and say; “Hey everybody, we lied and we don't actually have 2.2 Billion dollars in USD reserves. We made it all up in order to steal everyone's Bitcoins and give you worthless Tether instead. We are nothing more than a Bitconnect 2.0” :O

...thumbs if you agree! (and please sub my channel if you can)

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I'd trust them more if they did this