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by michaelchisari 3111 days ago
> backed by $1 in a bank somewhere.

Are we sure about this?
2 comments
runeks 3111 days ago
No, that’s the point, no one is sure about this. For a token that’s supposed to be redeemable in USD, the tether is extremely opaque.
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cantrip 3111 days ago
Yeah you took out the word ostensibly when you quoted me.
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