I think some of the most extreme criticism doesn't go that far.
Bitcoin crowd doesn't like less than 100% backing. The argument isn’t that they have nothing.
When Tether had disrupted fiat redemptions and lost banking, people would find the banks they likely moved to by looking at massive increases in the bank’s reported deposits.
Bitcoin crowd doesn't like less than 100% backing. The argument isn’t that they have nothing.
When Tether had disrupted fiat redemptions and lost banking, people would find the banks they likely moved to by looking at massive increases in the bank’s reported deposits.