RE: Is Tether a real safety net for the crytocurrency world?

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Is Tether a real safety net for the crytocurrency world?

in vincentb •  7 years ago 

I don't think that the problem in this case is what do you use to back its value. For example, the venezuelan government will issue an oil backed crypto. I think that it's a matter of trust in who is behind it

vincentb
7 years ago by

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      ·  7 years ago 

    Yes that is absolutely true. Gold is just one example of a trusted commodity. There can be many others.

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