Tether minted most USDT to just 2 firms – Alameda and Cumberland

Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by malthaus on Thursday August 12, 2021 @12:34PM (#28158386)

i'd be very sceptical of what a16z published about crypto topics; they are heavily invested both financially and reputationally.

their whole game was/is leveraging their clout to give credibility to the scene, therefore increasing the value of their investments.

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Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by bob33212 on Thursday August 12, 2021 @12:54PM (#28158671)

Here is what a16z said about bitcoin in 2014.

"use case for Bitcoin is micropayments", "Switching to Bitcoin, which charges no or very low fees" , "Another potential use of Bitcoin micropayments is to fight spam" https://a16z.com/2014/01/21/why-bitcoin-matters-nyt/

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Re:Tether minted most USDT to just 2 firms – Alameda and Cum... by JofArnold on Thursday August 12, 2021 @02:06PM (#28159481)

100%. Definitely under no illusions there. But for me since they are a core part of the hype that makes listening to them and analysing what they say even more important IMO

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