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/biz/ - Business & Finance

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25789240 No.25789240 [Reply] [Original]

>24 billion USDT in circulation
>backed by at most 5 billion "basket of assets" which includes an undisclosed amount of BTC
what did they mean by this?

>> No.25789293

SELL GOY SELL NOW GOY ITS ALL A SCAM
since mr sheckelburg is so nice he will scoop up your bags just SELL SEL SELL

>> No.25789332

surz for the 5 billion, please

>> No.25789346

>>25789240
See this? That's a car. Two hundred and seventy five thou.

>> No.25789638

>>25789240
>an undisclosed amount of BTC... that we bought with our printed unbacked pair

What the fuck

>> No.25789659

>>25789332
look into Deltec Bank

>> No.25789734

>>25789240
this means that tether have brought bitcoin and are propping tethers value up with bitcoin lol ... so the fake news that tether, a useless stable coin that does nothing, somehow gives value to bitcoin, is wrong.... its bitcoin that gives value or stability in this case, to tether..

>> No.25789980

>>25789734
It has been known for a while that tether is used to print floors more than anything else About have the value of btc is from the floor action starting uptrends and stopping declines. Its also advertized that saudi and other arabs are taking their petro-dollars and turning it into tether so they can pump their own bags.

This has been going on for a long time. BTC and the crypto market has been in the hand of Semites from the very beginning and they will always know where the floor is on each coin because they help create the floor.

We legit have a Wycoffian composite operator.

>> No.25790302

>>25789240
they admited to owning deltec bank, and self auditing, its over

>> No.25790356
File: 102 KB, 666x648, Dear Sirs.png [View same] [iqdb] [saucenao] [google]
25790356

>>25789240
Tether has been using Deltec for a while. see pic related. pretty legit, no?

>> No.25790509
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25790509

>>25790356
this is fucking bullish

>> No.25790829

Ahh the good old tether fud mmmm

>> No.25790926

>>25790509
>blacks and women

Would not invest

>> No.25790968

>>25790926
xD

>> No.25791088
File: 205 KB, 390x398, Screenshot 2021-01-10 at 20.58.10.png [View same] [iqdb] [saucenao] [google]
25791088

>>25790509
>Deltec Bank
>do not worries kind sir de tether is blacked.

>> No.25791136

>>25791088
*Backed.
Whoops my mistake

>> No.25791160

>>25791088
i trust this man

>> No.25791243

this banks is trusworthy i will put $0 cash there, cuz niggers manage this scam bank.

>> No.25791411
File: 80 KB, 1004x982, Eh4V7J4X0AAxyjd.jpg [View same] [iqdb] [saucenao] [google]
25791411

>>25791160
>i trust this man
Based.

>> No.25791609

>>25790509
>Quick! Get that pedo tourist and dress up the local homeless white guy for a photo now!

>> No.25792309

if you were an accountant and you couldn't make your company ledger (in this case the public tether blockchain) match the bank statement on a period end, you'd get fucking fired from your job. and if you're the SEC and it's public knowledge that the previous auditor QUIT the engagement, you'd probably view that as grounds for investigation. but then again, bitfinex is working out of london and they've been manipulating asset prices for years with zero consequences. who knows what will happen