Thoughts on Tether

I am wondering how many of you believe that Tether is living up to their stated business practices.

Do you think that Tether is:

  1. Issuing Tethers only against direct investor deposits, as they claim in their whitepaper.
  2. Issuing unbacked Tethers, but quickly buying assets against them for the purpose of backing them.
  3. Runnig some kind of fractional exchange.
  4. Issuing monopoly money and running away with billions of dollars.

Interested in this community’s thoughts.

submitted by /u/BeerSomething
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