Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
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Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#2I kinda of think this is causing the current housing prices bubble.
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#3I kinda of think this is causing the current housing prices bubble.
Please elaborate
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#4I kinda of think this is causing the current housing prices bubble.
[deleted]
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#5I kinda of think this is causing the current housing prices bubble.
Care to explain?
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#6When it says out of thin air, it means that is some verifiable confirmation of no collateral? Or is the "out of thin air" part just means normal minting?
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#7Half a billion $ is printed everyday by BEP. (just to compare)
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#8Can someone explain why this is on the "TRON" blockchain? I thought Tether was on Ethereum.
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#9I kinda of think this is causing the current housing prices bubble.
More generally, this concept of creating money out of thin air, yes.
Re: Approx. 24 hours ago, Tether printed 1B $USDT out of thin air
#10I kinda of think this is causing the current housing prices bubble.
Tether’s total (on-chain) liabilities sum to a bit less than two months’ worth of Federal Reserve purchases of agency mortgage-backed securities. They’re huge, if they’re a fraud they’re probably the biggest ever, but in macro terms they’re small fry.