...
Tether is a crypto token, or coin, that’s supposed to be pegged to the dollar and backed by real dollar reserves in a bank account somewhere. Tether’s coins are often used for dollars on cryptocurrency exchanges because of the reserve claim. Traders use Tether’s coins to cash in and out of bitcoin quickly, avoiding the lengthy process of converting the sums in and out of fiat currency. However, Tether hasn’t provided audits to prove its reserves exist.
...
Brooks wrote:Ivan seems like a real chud.
You are obsessedlegaldinho wrote:
Escape wrote:Banks are starting to ban CC purchases, too. It was inevitable that they'd react to such a potential future rival. Does anyone know how much illegal trade there is in China, in terms of putting their ban into global context?
I know it'll affect speculation, but was their role any greater than that?
Spoiler:
Appreciate the concern xxUnlikely wrote:Dino's only in for £100. Charlie's the one that's a worry.
legaldinho wrote:And he's got his business involved as well, always gonna be a headache that. Trip to the accountant ahoy!
Liveinadive wrote:@legaldinho vid with the terribly dressed man.
Still working through this but there are some interesting points regarding speculation.
The stuff he starts talking about at around 50 minutes.
Market cap, the real world dollar cost of percentage increases, market saturation. All interesting.
legaldinho wrote:They ban CC purchases because your it buying bitcoin with your money, only credit.
legaldinho wrote:I've now watched that Richard Heart interview in full. He actually has a total breakdown and shits on crypto, it's amazing. Dino and his mates should be forced to watch.
It looks like you're new here. If you want to get involved, click one of these buttons!