Name: We Need to Talk About #Tether
Uploaded: 2021-01-22T17:56:08+00:00
Duration: 21 min 30 s
Description: Subscribe to our newsletter for free and stay up to date on everything happening in crypto and open finance: https://newsletter.thedefiant.io/ Tether has faced accusations from many in the digital ass

3 years ago

Subscribe to our newsletter for free and stay up to date on everything happening in crypto and open finance: https://newsletter.thedefiant.io/

Tether has faced accusations from many in the digital asset industry that it is a form of privately-issued fiat currency, backed not by “real” dollars in any meaningful way but minted in ever-increasing quantities to buy (and inflate the price of) assets like BTC. To unfold this scandal, we're exploring the following 9 questions:

3:05 What is Tether?
3:55 Should we be concerned about Tether?
5:09 What is the source of the FUD around Tether?
7:09 What is Tether actually backed by?
11:07 Who’s providing Tether's banking services?
13:46 What is happening with the OAG investigation?
16:22 How is the Tether team responding?
19:21 Why did it all need to be so complicated?
20:49 Wen ...?

References
https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/
https://twitter.com/JacobOracle/status/1350794420300480512
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https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/https://amycastor.com/2021/01/10/tethers-paolo-ardoino-stuart-hoegner-do-a-podcast-transcript-and-comments/
https://twitter.com/bitfinexed