Tether was sketchy from the start. One alternative might be gold backed cryptos, like Xaurum or the soon to be project of the Perth Mint.
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Tether was sketchy from the start. One alternative might be gold backed cryptos, like Xaurum or the soon to be project of the Perth Mint.
I don't think that the problem in this case is what do you use to back its value. For example, the venezuelan government will issue an oil backed crypto. I think that it's a matter of trust in who is behind it
Yes that is absolutely true. Gold is just one example of a trusted commodity. There can be many others.