Could Tether be the biggest scam/ponzi ever or is it a liquid business refusing transparency? I don't trust it and the so called FSS report does not convince me of their numbers. What do you think? Bitconneeeeeect v2?
Refusing transperancy?
It's a way to say; I don't believe their statement. Not saying I'm right, but my scrutiny shouldn't be harmful if their numbers are true in the end, it's just a 1:1 currency to USD.
We won't really know until the moment comes when a big portion of users (in a short timespan) sells Tether in trade for real cryptocurrencies. If the price plummets, it was all fake.
The test for Tether would be when a big portion of users file a redeem request at Tether INC, for real fiat. But they are not obliqued to redeem anything, anyway.
