Or 21 billion fake tether dollars. | Hacker News

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		aent on Dec 31, 2020 \| parent \| context \| favorite \| on: Bitcoin is a disaster Or 21 billion fake tether dollars.

opendomain on Jan 1, 2021 [–]

I have serious questions about tether.

As far as I know, they have not proven they even have 1 billion on reserve. How can they claim 21 billion?

Is this pyramid scheme the real reason bitcoin prices are so high?

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