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RE: Bitfinex and Tether: Fractional Reserve Lending

in #bitfinex • 5 years ago

Well, if this situation is true and not just another FUD, new lows for Bitcoin (and everything else) will appear shortly. 😛

I have a friend who guarantees Tether's reserves are fully backed... and another one who is 100% sure that the opposite is true. Both are really confident in their sources. But only one of them can be correct.

I guess time will tell...

Thanks for your article, @frdem3dot0!

5 years ago in #bitfinex by
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     5 years ago  

    We will see. At least historically it is not looking good for tether.

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       5 years ago  

      Have you ever had any Tether? That's one of those things I never used. Not even once.

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