Re:Tether Critical Announcement
by askmike on Tuesday November 21, 2017 @03:17AM
(#15746515)
> If they can't do that, remove the thing that says
This again, is related to their marketing and not actually to their solvency (red herring).
> Release an official audit (that doesn't say "this is not an audit")
Lack of proof !== proof of insolvency.
And for all the other ones:
They are not entitled to tell you everything. The fact that choose not to is in NO way proof that they are insolvent.
I 100% agree that based on your list one might choose not to trust them. Just don't go screaming "they've basically been running a Ponzi scheme" with the only proof being them not telling you what you want to know about their operations.
This again, is related to their marketing and not actually to their solvency (red herring).
> Release an official audit (that doesn't say "this is not an audit")
Lack of proof !== proof of insolvency.
And for all the other ones:
They are not entitled to tell you everything. The fact that choose not to is in NO way proof that they are insolvent.
I 100% agree that based on your list one might choose not to trust them. Just don't go screaming "they've basically been running a Ponzi scheme" with the only proof being them not telling you what you want to know about their operations.