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by cryptodogemoon 3114 days ago
Who controls the production of such a system?

Currently tether is presumed to be manipulated by its maintainers.

https://medium.com/@bitfinexed/latest

2 comments

Well, that's why I was posing the question to you since you seemed more knowledgeable about all this. I've only started to take time to catch up on this since the past weekend. Not to invest/speculate in the currencies but I figured it was time to learn more about the blockchain technology itself.

Re: Tether - I had only came across that they were 'hacked'. Didn't know anything about fraud. Thanks for the link.

Tether prices do not seem to reflect this presumption.