Re:BitConnect Closes Exchange as States Warn of Unregulated ...
by Nursie on Wednesday January 17, 2018 @09:30AM
(#16168105)
>> Why don't they ask people for a dollar for each Tether coin
AFAICT they cannot bank in dollars at the moment, which is where the origins of the tether currency lie in the first place. They say that theey have the money to back it... but given they minted a quarter billion over the last three days seems a little less than credible.
AFAICT they cannot bank in dollars at the moment, which is where the origins of the tether currency lie in the first place. They say that theey have the money to back it... but given they minted a quarter billion over the last three days seems a little less than credible.