There is a lot of discussion today about Tether. Events that happened: - A Bloomberg report that states the obvious: https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether - CFO of Tether deleted his Twitter account I have expressed what is wrong with Tether more than once and anyone interested can find out at read.cash: 1) https://read.cash/@Pantera/tether-usdt-an-accident-waiting-to-happen-43a8d733 2) https://read.cash/@Pantera/tether-usdt-the-doomsday-scenario-47933003 3) https://read.cash/@Pantera/tether-usdt-under-increased-regulatory-scrutiny-3d2cb23d Just mentioning that Tether’s USDT has surpassed the value of the Bernie Madoff Ponzi and when it collapses, it will become the top similar scheme in history. #USDT #BTC
