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A comment on Tether loaned USDT to investors and illegally traded in New York, says NYAG. Parent comment

Re:Tether loaned USDT to investors and illegally traded in N... by seibelj on Wednesday July 10, 2019 @07:34AM (#20400941)
USDC is not a security, anyone can buy it accredited or not without going to a broker dealer. It's an asset backed stablecoin and you don't buy it as an investment, it's a tool to tokenize USD to get it onto the crypto network rails. It also is the #2 stablecoin by marketcap.

I will disclose that I know way more about this industry than all of you commenting that I'm "shilling" as if this is some altcoin scam. Welcome to crypto

[ Parent | on HN ]
Re:Tether loaned USDT to investors and illegally traded in N... by dmix on Wednesday July 10, 2019 @12:52PM (#20403795)
FWIW I didn’t find your comment to be ‘shilling’, particularly as you seem to be the crypto technical guy. Most importantly I dont think you sought to gain anything by posting that. I doubt some random comment on HN is shifting the needle on your USDC holdings.

Plenty of people promote their own work on HN as it’s their area of expertise.

But crypto has some baggage attached so people get sensitive.

[ Parent | on HN ]
Re:Tether loaned USDT to investors and illegally traded in N... by floodyberry- on Wednesday July 10, 2019 @03:21PM (#20405456)
You definitely come across as an impartial subject matter expert!
[ Parent | on HN ]