Comments by "Samson Soturian" (@samsonsoturian6013) on "Squashing Tether" video.

  1. In theory, they were supposed to be making money loading up on bonds of all sorts... And if they actually did that they'd still be around. Instead, they YOLOed into other high risk crypto ventures.
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  2. When aren't they?
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  3. They depegged a year ago and got charged with fraud this month. What the frick you on about?
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  4. They literally just got charged with fraud.
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  5. Namely due to the collapse of all the others.
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  6. Tether was charged with fraud
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  7. It simply becomes illegal to us them in the US if they don't follow US rules. And decentralized ventures consistently have a handful of guys with admin access, making them highly centralized even anyone who wants to can contribute to the system
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  8. These aren't decentralized. A private entity acts as a central bank for the coin, and the Feds want to regulate these as banks.
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  9. They crashed ages before you wrote that
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  10. Since stablecoins add no value to anything they're all effectively worthless.
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  11. Crypto scam coverage, anyway.
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  12. They could have said "fully backed by highly liquid bonds" and actually have done so enabling them to sit back and enjoy the arbitrage.
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  13. Says who?
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  14. They were charged with fraud. But you may still be right.........
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