This is all you need to know about btc
Tether choose blocks of real gold with all the hassle and costs of storage.
Digital gold? lol
They must know something bitcoiners don't.
I'd get out, the jews are going to rugpull you
https://www.disclose.tv/id/u2gk9wkky6/

there is much speculation about bitcoin founder(s) — Satoshi Nakamoto – who created Bitcoin (BTC) on June 3, 2009. The mystery person or group (or government agency) has been MIA since 2011. Yet 1 million Bitcoins remain in their original account, untouched. His wallet is estimated to be worth over $81 billion at the time of this writing, and if this is indeed an individual, he or she is one of the top 15 richest people in the world. They have never moved a fraction of a BTC from their account. So, one wallet contains 5% of all mined bitcoin. Will this person or entity perpetually hold?

They expect us to believe some mysterious Japanese man created the blockchain technology and simply evaded all world governments. They claim Bitcoin is an anti-government vehicle, but it is a bureaucrat’s dream because it allows them to track where funds are coming from and going. In 1996, the US government released a white paper entitled, “How to make a mint: the cryptography of anonymous electronic cash.” Released by the National Security Agency Office of Information Security Research and Technology, this document explains how a government agency could create something like Bitcoin or another cryptocurrency. They had been attempting to create one for years and then magically Bitcoin came on the scene.

>>60595796 (OP)
This has more to say about USD being btfo than anything with crypto

>>60595814
>>60595822
It does feel like the whole upside of the btc story has been played out now.
There's not much sign it has the legs to keep going anymore.
If they are going to rug now feel like the right time.
So many coin maxxers will rope or throw themselves off high structures

>>60595827
Why didn't they store it in btc then? Doesn't it solve all the logistic and cost of swiss vaults and big banks controlling your money

>>60595796 (OP)
They have to back tether by something. It used to be USD and US treasuries but now you'd have to be the biggest cum brained retard on the planet to hold treasuries.

This is bearish but only because the US government supported crypto so much because tether and USDC were the only people left buying Treasury bonds. If they ditch them for gold (like everyone else) the fed may not take such a welcoming approach to crypto.

>>60595840
>here's your tautological based stablecoin currency, bro
Yeah I'm sure that made sense somewhere in your mind

>>60595846
>>60595849
Why is it stashed in Switzerland?

>>60595796 (OP)
if true, that puts their gold reserve at a similar amount to the bitcoin they hold. can't confirm your source because the article is behind a paywall.

>>60595888
why is the sky blue? where do you think switzerland gets its reputation? from comic books?

>>60595796 (OP)
kek bitchuds BTFO'd

>>60595796 (OP)
A guy that makes a currency that's based on fiat buys gold.
uhhh...

>>60595849
That has nothing to do with his question

>>60595796 (OP)
oh noes, they actually have gold to back up the tether reserves, how tragic

Its a good scam, print and sell magical internet token, buy another internet token and sell when the price goes up, then buy gold.
The Stablecoin bill will probably fuck them over pretty hard.

>>60595840
Becasue they have gold, btc and bonds.
Move on already, tether fud is not longer possible, yeah, they were fucking scammers back then, but they saved their asses

>>60598944
Hahaha, next few weeks will be absolutely hilarious.

>>60595796 (OP)
the shiny rock rug will be even funnier than the btc rug.

>>60595814
DHS held a press conference already and said publicly the "know the FOUR satoshis" and no one cared.
Try to catch up.

>>60595796 (OP)
>158 billion dollar market cap secured by
>8 billion dollars
wooooooooooooooooooooooooooooooooowwwwwwwww

>>60595796 (OP)
I refuse to participate in your gay faggot ragebait thread presenting a bad faith argument for a discussion you don't even care about. Post women with big tits and your top 3 coins currently.
>1. LTC
>2. KET
>3. SHIB

>>60601018
that cow

>>60600395
thats just the gold reserves, tether is backed 1:1, unlike infinitely leveraged banks in usa and 50:1 leverage in eu. tether is unironically safer than the banks buddy

Digital Gold Narrative is now gone.

>>60601133
This is equivalent to buying GLD, it's still paper gold. It's like calling USDT "digital dollars".

>>60595846
USDT is still backed by treasuries. the gold is being used to back a separate token called XAUT

>>60601044
Who would win: Tether or JP Morgan Chase?