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A comment on US Fed Official Calls Tether a ‘Challenge’ to Financial Stability. Parent comment

Re:US Fed Official Calls Tether a ‘Challenge’ to Financial S... by paulgb on Saturday June 26, 2021 @08:05AM (#27641163)
The sad thing is, people (like yourself) who were critical of tether a few years ago have already been validated on multiple counts: the Bitfinex connection (which tether denied) was proven; the claim that it is 1:1 cash backed was walked back to “asset backed”.

So it isn’t a case of crying wolf, it’s more a case of pointing out a wolf and being dismissed as FUD.

[ Parent | on HN ]
Re:US Fed Official Calls Tether a ‘Challenge’ to Financial S... by coolspot on Saturday June 26, 2021 @05:14PM (#27645935)
That’s Cassandra syndrome: https://en.wikipedia.org/wiki/Cassandra_(metaphor)

Cassandra was gifted by Appollo to see the future, but then cursed to be not believed.

[ Parent | on HN ]