>bitfinex printed $14m more tether
Bitfinex printed $14m more tether
Didn't they say something about not being able to print new tethers because they have problem with Taiwanese banks or something?
What a load of bullshit.
>margin demand is increasing
and? people want those tethers, they need to print more to keep the value tethered to $1. learn how supply and demand works.
Learn how a scam works
Yeah, the dollars they definitely dont have
can something explain this printing tether thing to a brainlet
Biz bun says new ATH!
no they didn't.
I don't trust tether either but this is vapor.
Last issue was nov 29.
Tether is a replacement for the US dollar to trade in crypto. Meaning that for every Tether in existence it's creator should have 1USD to back it up. They have been printing millions but there is little proof that they actually have 765 million dollars. Which means BTC gets pumped on money that doesn't exist.
that makes no sense. Tether is backed by usd, but they can't print USD YOU TARD.
ITS LITERALLY FAKE MONEY, and it will implode.