Re:Tether Critical Announcement
by fulafel on Monday November 20, 2017 @11:52PM
(#15745617)
Isn't the "having access to USD" part of their dollar-backing credible as long as they can buy or sell dollars in the global market?
[ Parent
| on HN ]
How do we verify they USD exists? Trust them? In their terms they state that there's no guarantee that they're redeemable for USD. The whole debate depends on whether the USD exists or not.
Certainly you won't believe it does without some strong verification right?