The Supply of Tethers at 27 November 2017 is $675M

Re:The Supply of Tethers at 27 November 2017 is $675M by Mouse47 on Tuesday November 28, 2017 @08:40AM (#15797107)

I wasn't saying it was meritless, I'm just a big finance noob.

So basically Unum is trading "risk of value going down/up" for "risk of smart contract bank run"?

EDIT: Also, I'm really interested since this is the first smart contract use case that I've managed to understand. Which is good since I'm all-in on ETH :)

EDIT 2, for anyone reading this thread: here's the announcement thread, answers all the questions I had here: https://bitcointalk.org/index.php?topic=2473877.0

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Re:The Supply of Tethers at 27 November 2017 is $675M by jstanley on Tuesday November 28, 2017 @08:43AM (#15797146)

Compared to holding ETH, yes, that's the tradeoff.

Compared to holding USDT, the tradeoff is that Tether can't print themselves free USDT's, but you have a risk of a smart contract bank run.

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